34% drop in cement sales for "Lafarge" Romania

C.C. (Tradus de Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 22 februarie 2010

French construction material maker "Lafarge", which is also present on the Romanian market, saw its cement sales drop 34.8%. According to the annual financial statement, published on Friday, the company"s results on the Romanian market are caused by shrinking demand, as a result of the economic crisis.

The "Lafarge" group reported for 2009 a 54% decrease of its net profit, to EUR 736 million, as the operating profit dropped 30%, to EUR 2.47 billion.

The group"s turnover dropped 17% last year, to EUR 15.8 billion.

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