PROFIT WARNING

Vassiliko Cement Works Public Company Ltd announces that the financial results of the Company for the 1^st half of 2023 are expected to be significantly improved compared to that of the respective half of the previous year.

 

The improvement in the financial results of 2023 is mainly driven by an increase in the Company's revenues compared to the corresponding revenues in the first half of 2022 as a result of higher sales volumes, as well as increased prices which were aimed at offsetting the consecutive cost increases in energy (electricity and fuels), which had a negative impact on the 2022 financial results.

 

 

7 June 2023