Cementir Holding SpA announced consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenues of EUR 976.2 million compared to EUR 933.0 million a year ago. EBITDA was EUR 138 million compared to EUR 124.2 million a year ago. Revenues came to around EUR 976.2 million, up 4.6% compared with 2011, despite the decline in volumes of cement, ready-mix concrete and aggregates sold as a reflection of unfavourable weather conditions in Italy and Turkey in the first part of the year. This positive performance is mainly due to the good development in prices across all of the Company's geographic areas, although at a much slower pace of growth in the Scandinavian countries and in Turkey. The net financial position at December 31, 2012 showed a net debt of EUR 373 million, higher by EUR 15.5 million from December 31, 2011, mainly due to developments in working capital, investments in Turkey's waste management sector, the distribution of dividends of EUR 6.5 million and the extraordinary transactions carried out during the period (Neales Waste Management acquisition in July 2012 and the strategic agreement with Adelaide Brigthon Limited in December 2012).

For 2013, the company expects revenues of higher than EUR 1000 million, EBITDA of higher than EUR 150 million. The company expects EBITDA margin will be improving and net financial debt will be lower than EUR 350 million.

The Board of Directors has also appointed Massimo Sala, the Group's CFO, as the Company's Investor Relations Manager.