Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Buzzi S.p.A. is an Italian multinational company specializing in the production and distribution of cement, ready-mix concrete, and construction aggregates. Headquartered in Casale Monferrato, it operates as the parent entity overseeing a global network of subsidiaries across 14 countries, including Italy, the United States, Germany, Mexico, Brazil, Luxembourg, the Netherlands, Poland, and the Czech Republic, employing around 10,000 people. Formed in 1999 through the merger of historic firms Fratelli Buzzi Cementi (founded 1907) and Unicem (roots in 1872), it expanded significantly via acquisitions like Germany's Dyckerhoff in 2004 and full control of Brazil's BCPAR by 2024, while divesting assets such as its Ukraine operations. In Italy alone, through Buzzi Unicem S.r.l., it manages 8 cement plants, 3 grinding facilities, and 109 ready-mix plants, producing about 11 million tons of cement annually and ranking as the second-largest player domestically. Buzzi S.p.A. emphasizes sustainable practices, process innovation, and high-quality products, playing a key role in the global construction materials sector with a focus on efficiency and environmental responsibility. Renamed from Buzzi Unicem in 2023, it maintains family-controlled stable ownership.
19.89% operating margin is respectable but not wide. ROIC at 9.54%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 4.8%, steady but not accelerating. Margins contracted 3.1pp, which offsets some of the top-line progress.
ROIC dropped from 12.62% to 9.54%, capital efficiency is deteriorating. Operating margin contracted 3.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
€4.52B
▲ +4.8% YoY
Net Income (TTM)
€924M
▼ -2.0% YoY
Op. Margin
19.89%
▼ -3.1pp YoY
ROIC
9.54%
▼ -3.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€489M
▲ +1.0% YoY
Op. Cash Flow (TTM)
€1.09B
▲ +5.9% YoY
Net Debt
-€1.09B
Net Cash Position
Cash & Equiv.
€1.54B
3Y CAGR: +4.2%
3Y CAGR: +56.3%
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