Titan Cement International N.V.
TITC
ISIN BE0974338700 / Valor 44565104
Titan Cement International N.V.
UMushroom community rating:
About company
Titan Cement International N.V. is a global producer of cement and building materials, with a focus on meeting societal construction needs through the production and supply of a range of products in the construction sector. The company operates internationally, indicating a broad geographic footprint that likely encompasses manufacturing, distribution, and sales operations across various countries. While the company emphasizes its commitment to sustainable growth and responsible operations, its core business revolves around the production of cement and other related building materials. This suggests that Titan Cement International N.V. plays a significant role in the construction industry, providing essential materials for infrastructure, commercial, and residential projects. The mention of aspiring to serve societal needs also hints at a customer-centric approach, aiming to fulfill the demand for high-quality construction materials in a responsible manner.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (19.05.2026):
Titan Cement International N.V. — Full Year 2024 (and Q4 2024): the Group reported record profitability with Group sales up 3.8% to €2,644.0m and Like‑for‑Like (LfL) EBITDA of €592.1m (+9.6%). LfL Net Profit after Taxes & Minorities rose 17.3% to €315.3m and LfL EPS to €4.2/share. Net debt fell to €622m (Net Debt/EBITDA 1.02x). Q4 2024 sales were €659.5m, Q4 EBITDA (LfL) €137.6m and Q4 NPAT (LfL) €77.5m.
Sales & EBITDA
Full‑year sales €2,644.0m (+3.8% yoy). EBITDA (Like‑for‑Like) €592.1m (+9.6% LfL after adjusting for €12m non‑recurring costs); statutory EBITDA per financials €580.1m.
Profitability & EPS
NPAT (LfL) €315.3m (+17.3%); EPS (LfL) €4.2/share (versus €3.6 in 2023). Adjustments include €12m one‑offs and a €17m goodwill impairment (Türkiye) for NPAT / EPS LfL presentation.
Cash generation & leverage
Operating free cash flow strong at €299m. Net debt reduced to €622m, lowering Net Debt/EBITDA to 1.02x (2023: 1.2x); S&P upgraded the Group to BB+ (stable).
CapEx & investment priorities
CapEx €251m (15‑year high) focused on growth projects, alternative fuels, digitalization and decarbonization (including FEED contract for IFESTOS carbon capture). OFCF funded part of investments.
Regional performance — USA & Europe
USA: sales €1,517.9m (+2.8%), EBITDA (LfL) €340.5m (+15.1%) despite adverse weather. Greece & W. Europe: sales €444.3m (+8.7%) but EBITDA €58.2m (‑11.0%). Southeast Europe: sales €431.5m (+2.3%), EBITDA €167.6m (+14.9%). Eastern Mediterranean: sales €250.3m (+4.4%), EBITDA €25.7m (‑22.5%) partly due to currency devaluations.
Shareholder returns & corporate actions
Board proposes an ad‑hoc increase of the annual dividend by €2 to a total €3.00/share (payment 3 July 2025). Titan completed Titan America IPO in Feb 2025 raising $393m; divestment of 75% of Adocim (East Türkiye) announced with $87.5m proceeds. Ongoing share buy‑back program and 4.10m treasury shares held (5.23% voting rights).
Q4 2024 snapshot
Q4 sales €659.5m (+0.7% yoy), Q4 EBITDA (LfL) €137.6m (‑4.2% yoy) affected by weather and higher distribution/raw material costs; Q4 NPAT (LfL) €77.5m (+9.1% LfL).
ESG & decarbonization
Scope‑1 net emissions 598.4 kg CO2/t (11% reduction vs 2020); alternative fuel substitution reached ~21.2% for the year and >24% in Dec 2024. IFESTOS CCUS FEED signed; multiple sustainability recognitions (CDP Leadership, FT Climate Leaders, TIME Most Sustainable).
Outlook
Management expects continued sales and earnings growth in 2025 driven by strong US and European positions, resilient pricing and volume growth, while noting risks from higher input and distribution costs and macro uncertainty. Summarized from source with an LLMView Source
Key figures
Performance
Volatility
4186 M
Market cap (USD)
10,491
Daily traded volume (Shares)
40.15 / 38.8
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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