Finance and results

First Quarter 2026 Consolidated Results

Quarter impacted by marked seasonality and a different maintenance schedule

  • Declining volumes: cement (‑3.3%), ready‑mix concrete (‑23.7%) and aggregates (‑5.1%)
  • Revenue: EUR 345.9 million (‑6.0% on EUR 368.1 million in the first quarter of 2025); Non‑GAAP Revenue reached EUR 344.1 million (‑7.1% on 2025)
  • EBITDA: EUR 38.8 million (‑41.6% on EUR 66.4 million in the first quarter of 2025). Non‑GAAP EBITDA was EUR 41.4 million (‑40.6% on 2025)
  • Profit before taxes: EUR 7.4 million, ‑75.7% on EUR 30.3 million in the first quarter of 2025. Non‑GAAP profit before taxes was EUR 14.8 million (‑62.7% on 2025)
  • Net cash: EUR 303.7 million (net cash of EUR 143.2 million at 31 March 2025)
  • Targets for the year are confirmed

Rome, 7 May 2026 – The Board of Directors of Cementir Holding N.V. today examined and approved the consolidated unaudited results for the first quarter of 2026.
Please note that as of April 2022, the Turkish economy is considered hyperinflationary according to the criteria set out in “IAS 29-Financial Reporting in Hyperinflationary Economies”.