EPS CHANGE
CHANGE IN TARGET PRICE
€ 22.8 vs 21.3 +7.17%
Cementir's strengthening net cash position, improving operational efficiency across its diversified geographic footprint, and clear strategic visibility through its 2028 industrial plan — anchored by white cement leadership, ESG-driven innovation, and the transformative ACCSION carbon capture project — underpin our positive investment view.
CHANGE IN EPS
2026 : € 1.07 vs 1.42 -25.0%
2027 : € 1.15 vs 1.42 -19.2%
EPS Growth Profitability improvement was driven by strong operational leverage, disciplined cost management, and the strategic disposal of underperforming assets, which collectively enhanced margins and lifted earnings per share meaningfully above the prior year. However, persistent currency headwinds across key emerging market operations, combined with softer volumes in core European markets and rising input costs, weighed on net income and exerted downward pressure on earnings per share.
CHANGE IN DCF
€ 26.3 vs 20.9 +26.1%
Free cash flow has expanded materially, underpinned by robust operating performance across key geographies, tighter working capital discipline, and reduced capital intensity, enabling a significant strengthening of the net cash position year-on-year.
