The Board of Directors of Cooperativa Muratori e Cementisti – Cmc di Ravenna, approved the annual report of its 110th year.
Cmc, one of the main Italian construction company, had revenue of €805,8 million, up 13 percent from the previous year.
The 50% of turnover comes from overseas activities, mainly in Southern Africa and Far East.
Ebitda reached €77,0 million and the consolidated net income was €12,6 million.
At the end of 2010 the Group workforce, inclusive of temporary workforce in Italy and abroad, amounts to 8.577 units; Cmc shareholders amount to 373 units.
During the month of April Cmc took over LM Heavy Civil Construction of Boston (Usa), a construction company working mainly in the North East of the United States of America.
This business deal will allow Cmc to enter the construction market of the Usa using resources deeply-routed in that territory.