Slide 1: Sales for the third quarter 2010
Sales for the third quarter 2010 Thursday November 4th 2010 Jean-Pierre Souchet – Chief Financial Officer Stéphane Bisseuil - Investors Relations
Slide 2: Disclaimer
2 Disclaimer This presentation may contain forward-looking statements. Such forward- looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets These statements are by their nature subject to risks and uncertainties as described
Slide 3: Third quarter 2010 outstanding points
3 Third quarter 2010 outstanding points Sales: solid performance Consolidated sales at €1,528 million, up +5.9% or +0.5% at constant scope and exchange rates for the nine months 2010 Signs of recovery in volumes confirmed in the third quarter of 2010 Profitability levels expected to improve in the s
Slide 4: Breakdown of consolidated sales by business
4 Breakdown of consolidated sales by business Contribution by business: Contribution by business: 09/30/2010 09/30/2009 Cement Concrete & Aggregates Other Products and Services Consolidated sales (% at constant scope and exchange rate) Cement: €784 million, up 1.6% Concrete & Aggregates: €544 millio
Slide 5: Geographical breakdown of sales: France
5 Geographical breakdown of sales France Variation (%) (millions of euros) 09/30/2010 09/30/2009 Published At constant scope Consolidated sales 635 641 -0.9% -0.9% Performance in Q3 confirms the gradual recovery observed since Q2 Sales up 4.9% in Q3 Cement Sales fell by 1.2% 4.1% increase in volumes
Slide 6: Geographical breakdown of sales: Europe (ex France)
6 Geographical breakdown of sales Europe (ex France) Variation (%) (millions of euros) 09/30/2010 09/30/2009 At constant scope Published and exchange rates Consolidated sales 239 225 +6.5% -3.3% Switzerland: sales rose by 3.2% despite despite winter conditions in Q1 Cement: sales strong increase of
Slide 7: Geographical breakdown of sales: United States
7 Geographical breakdown of sales United States Variation (%) (millions of euros) 09/30/2010 09/30/2009 At constant scope Published and exchange rates Consolidated sales 131 150 -12.8% -15.9% Sales still severely affected by the challenging economic conditions California remains difficult whereas th
Slide 8: Geographical breakdown of sales: Turkey, India and Kazakhstan
8 Geographical breakdown of sales Turkey, India and Kazakhstan Variation (%) (millions of euros) 09/30/2010 09/30/2009 At constant scope Published and exchange rates Consolidated sales 189 117 +61.1% +22.1% Turkey Consolidated sales up by 22.1% over the first nine months and 16.0% in Q3 Significant
Slide 9: Geographical breakdown of sales: Africa and Middle-East
9 Geographical breakdown of sales Africa and Middle-East Variation (%) (millions of euros) 09/30/2010 09/30/2009 At constant scope Published and exchange rates Consolidated sales 334 310 7.6% 6.0% Egypt Sales rose by 8.5% Return to robust growth, with volumes up 7.3% over the period Q3 sales growth
Slide 10: Financial situation in Q3 2010: Balance Sheet
10 Financial situation in Q3 2010 Balance Sheet Slight increase of the Group’s gearing to 40.6% at 30 September 2010 compared with 35.3% at 30 September 2009, primarily due to the acquisition of Bharathi Cement in India on 1st May 2010 Given the low level of the Group's net debt, the existence of co
Slide 11: Financial situation in Q3 2010: Operating profitability
11 Financial situation in Q3 2010 Operating profitability Reassessment of the total amount of capital expenditure expected in 2010 which should be within a range of €360 million to €380 million, taking account of: Consolidation as of 1st May 2010 of expenditure relating to the construction of Bharat
Slide 12: 2010 outlook
12 2010 outlook The Group confirms the expected trends as communicated with the publication of its 2009 full year results and during its AGM 2010 should be a transitional year Emerging-market countries should continue to show solid momentum, whereas the environment is likely to remain difficult in c