Buzzi SpA (FRA:UCM)
€ 40.52 0.96 (2.43%) Market Cap: 7.18 Bil Enterprise Value: 6.54 Bil PE Ratio: 8.05 PB Ratio: 1.28 GF Score: 88/100
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Half Year 2022 Buzzi Unicem SpA Earnings Call Transcript

Aug 03, 2022 / 01:00PM GMT
Release Date Price: €17.65 (+2.32%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Buzzi Unicem First Half 2022 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Pietro Buzzi, Managing Director of Buzzi Unicem. Mr. Buzzi, you have the floor.

Pietro Buzzi
Buzzi Unicem S.p.A. - CEO of Finance & Executive Director

Hello. Thank you. Welcome to our semi-annual conference call where we are going to illustrate as quickly as possible our first half results, which has been disclosed and published 2 hours ago, sorry, approximately. Well, you have seen that the first half showed fairly stable results across the consolidation area. We enjoyed, in the first half, overall fairly stable demand in most of the regions, somewhere, as usual, better, somewhere worse.

But overall, the demand was fairly stable. And this, regardless the very high inflation environment and a lot of uncertainties and challenges related to the geopolitical tension, particularly in Eastern Europe. We

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