Identification
Instrument name
TITAN CEMENT
Symbol
TITC
ISIN code
BE0974338700
Exchange / Market
Euronext
Trading location
Brussels
Paris
Products family
Stocks
Capitalization compartment
Compartment A
ICB
Construction&Materials
Website address
www.titan-cement.com
Operation
IPO date
IPO price
Reference price: EUR 19.38
Issue type
Direct listing

Company profile

Titan Cement International is a multiregional cement and building materials producer. Business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Group employs about 5,500 people and is present in 16 countries, operating cement plants in 10 of them, the USA, Greece, Albania, Bulgaria, North Macedonia, Kosovo, Serbia, Egypt, Turkey and Brazil. Throughout its history the Group has aspired to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.

Source: Cofisem - Last Update: 15 Aug 2019
Key Executives
Chief Executive Officer Michael Colakides
Executive Group Director Dimitrios Papalexopoulos
Source: Cofisem - Last Update: 15 Aug 2019
Key figures
Millenium 2018 2017
Net sales 1,490,097 1,505,803
Income from ordinary activities 1,490,097 1,505,803
Operating income 143,944 157,012
Cost (net) of financial indebtedness -63,817 -64,134
Equity-accounted companies' contribution to results -3,741 -7,488
Net profit from discontinued activities
Net income 55,984 44,297
Net income (Group share) 53,847 42,680
Fiscal year end 12.18 12.17
Length of fiscal year (month) 12 12
Currency & Unit EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 15 Aug 2019
Shareholder information
E.D.Y.V.E.M public company LTD and TCI founders (acting in concert) 38.11 %
The Paul and Alexandra Canellopoulous Foundation 9.88 %
FMR LLC 6.19 %
Titan Cement Company 6.15 %
Source: Cofisem - Last Update: 02 Aug 2019