Vicat Q1 Sales Rise To 911 Million Euros

Vicat SA VCT:

• CONFIRMATION OF THE OUTLOOK FOR 2024

• THE GROUP’S SALES ROSE +1.2% ON A REPORTED BASIS TO €911 MILLION IN THE FIRST QUARTER.

• IN 2024, THE GROUP EXPECTS A CONTINUED INCREASE IN ITS SALES

• OUTLOOK 2024 : GROUP IS REITERATING EBITDA TREND EXPECTED OVER THE YEAR AS A WHOLE

• OUTLOOK 2024 : EBITDA GENERATED BY THE GROUP IN 2024 SHOULD BE HIGHER THAN THE 2023 LEVEL

• IN 2024, THE GROUP’S CAPEX IS LIKELY TO TOTAL AROUND €325 MILLION

• HAS SET A TARGET OF LOWERING ITS LEVERAGE TO BELOW 1.3X BY YEAR-END 2025

• WEAKNESS OF FRENCH RESIDENTIAL MARKET SHOULD BE GRADUALLY MITIGATED THIS YEAR BY RAMP-UP OF INFRASTRUCTURE PROJECTS AWARDED TO VICAT