Vicat: Summary of General Meeting of 7 April 2023

Rhea-AI Summary

The Vicat Group held its Annual General Meeting where all proposed resolutions were approved, including a dividend of €1.65 per share. This decision aligns with the Board of Directors' recommendations.

Additionally, the company's 2022 consolidated sales reached €3.642 billion, with operations spanning twelve countries, including France and the United States. The Vicat Group, founded in 1853, operates primarily in the Cement, Concrete & Aggregates as well as Other Products & Services sectors. Shareholders can expect detailed voting results from the AGM on the company’s website.

Looking ahead, the Vicat Group plans to announce its first-quarter 2023 sales on May 3, 2023, which could provide further insights into the company’s performance.

Positive

• Declaration of a €1.65 per share dividend.
• Consolidated sales of €3.642 billion in 2022.

Negative

• None.

L’ISLE D’ABEAU, France--(BUSINESS WIRE)-- Regulatory News:

The Vicat Group (Euronext Paris: FR0000031775 - VCT) (Paris:VCT) announces today that the Group's Annual General Meeting was held today.

All the resolutions presented to the Annual General Meeting were adopted, including the resolution to pay a dividend to €1.65 per share, in accordance with the recommendations of the Board of Directors.

The detailed report of the 2023 Annual General Meeting, with the voting results, will soon be posted on www.vicat.fr.

Next event:

First-quarter 2023 sales on 3 May 2023.

About Vicat

The Vicat Group has close to 9,500 employees working in three core divisions, Cement, Concrete & Aggregates and Other Products & Services, which generated consolidated sales of €3.642 billion in 2022. The Group operates in twelve countries: France, Switzerland, Italy, the United States, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan, India and Brazil. Vicat, a family-owned group, is the heir to an industrial tradition dating back to 1817, when Louis Vicat invented artificial cement. Founded in 1853, the Vicat Group now operates three core lines of business: Cement, Ready-Mixed Concrete and Aggregates, as well as related activities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230407005060/en/

Investor relations contact:

Stéphane Bisseuil:

Tel + 33 (0)1 58 86 86 05

stephane.bisseuil@vicat.fr

Press contacts:

Karine Boistelle-Adnet

Tel +33 (0)4 74 27 58 04

karine.boistelleadnet@vicat.fr

Source: Vicat

FAQ

What was announced at the Vicat Group's Annual General Meeting?

The Vicat Group announced that all resolutions were approved, including a dividend of €1.65 per share.

What are the consolidated sales figures for Vicat Group in 2022?

Vicat Group reported consolidated sales of €3.642 billion for 2022.

When will Vicat Group announce its first-quarter 2023 sales?

Vicat Group will announce its first-quarter 2023 sales on May 3, 2023.

In how many countries does Vicat Group operate?

Vicat Group operates in twelve countries including France, the United States, and Turkey.