Highlights from Vicat's Annual Shareholders' Meeting 2025
Key Outcomes from Vicat's Annual Shareholders' Meeting
The Annual General Meeting of Vicat took place under the leadership of Guy Sidos, the Chairman and CEO. This gathering of shareholders focused on the company’s performance and future direction, showcasing their commitment to sustainable practices in the construction materials industry.
Dividend Announcement
During the meeting, shareholders overwhelmingly approved all proposed resolutions, including a notable decision regarding dividends. Vicat will distribute a dividend of €2.00 per share, honoring the recommendations made by the Board of Directors. As shareholders anticipate this return on their investment, it reflects Vicat's ongoing success and stability.
Future Financial Reporting
Looking ahead, Vicat plans to report its first-quarter sales on April 29, 2025, after the market closes. This timely update will allow shareholders and the market to gauge the company's performance early in the year, providing insights into its sales trajectory and business operations.
About Vicat Group
With a legacy stretching 170 years, Vicat stands as a prominent force in the mineral and biosourced building materials sector. The group is listed on the Euronext Paris market and is a key player in the SBF 120 Index. Still under the majority control of the founding Merceron-Vicat family, Vicat aims for carbon neutrality across its value chain by 2050. It operates across three major segments: Cement, Ready-Mixed Concrete, and Aggregates, all contributing to a comprehensive business model.
Vicat Group operates in 12 countries, engaging in both mature and emerging markets, further solidified by its nearly 10,000-strong workforce. In 2024, the company achieved remarkable consolidated sales of €3,884 million. With a robust focus on regional growth, Vicat is paving the way for a circular economy model within the construction sector while actively working to lessen environmental impacts through innovative methods.
Company Contacts
For inquiries, you may reach out to:
Investor Relations
Pierre PEDROSA
Tel: +33 (0)6 73 25 98 06
Email: pierre.pedrosa@vicat.fr
Press Contacts
Raphael Hinninger
Tel: +33 (0)7 61 74 86 52
Email: raphael.hinninger@vicat.fr
Frequently Asked Questions
What was the main focus of Vicat's Annual Meeting?
The meeting centered on company performance, dividend distribution, and future financial reports.
What dividend was approved during the meeting?
The shareholders approved a dividend of €2.00 per share.
When will Vicat release its first-quarter sales report?
The first-quarter sales report is set for release on April 29, 2025, after market close.
What are Vicat's core business areas?
Vicat operates primarily in Cement, Ready-Mixed Concrete, and Aggregates.
What is Vicat's sustainability goal?
The company aims to achieve carbon neutrality in its value chain by 2050.
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