Vicat Group maintained its organic sales largely stable in the first quarter of 2025 despite challenging market conditions. While total sales declined by 0.2%, inflationary fluctuations and increased competition negatively affected revenues in Türkiye, Egypt, and Brazil.
In France, a recovery in the concrete and aggregates segment led to a 3.9% increase in sales. In Switzerland, rising cement volumes and infrastructure projects contributed to 6.5% organic growth across the European region. Sales in the Americas remained broadly stable.
In Asia, sales declined due to intense competition, while the Mediterranean region saw a strong rebound driven by export growth and improving prices. In Africa, the entry of new competitors pressured prices, though a new clinker line in Senegal is scheduled to be commissioned in the second quarter.
Group Chairman and CEO Guy Sidos, commented: “The Group has begun the year with stable sales, showing healthy resilience in France and business growth in Switzerland, which provides a foundation for a progressive recovery in residential demand in Europe.
The first quarter also showed a very strong performance in Egypt, improved business levels in Brazil and a decrease in India owing to a fierce competitive environment.
Based on this performance, we confirm the Group’s 2025 targets for sales growth and profitability.
During this period of global uncertainties and limited economic visibility, Vicat’s model, which is based on sound geographical diversification and local production serving local markets, represents a source of resilience supporting the Group’s profitable growth.”
