Profit margins under pressure
In 2022 cement company profit margins came under pressure, particularly when compared with the previous year. Dr Michael Clark takes a closer look at cement company profit margins in 2022 and 2023, the factors that affect them and how to protect profits in a changing world. By Dr Michael Clark, UK.
Figure 1: comparison of gross margins in 2021
vs 2022 (©Dr Michael Clark)
When compared to cement company profits in 2021, the profits in 2022 came under pressure. Whitehopleman’s cement company financial performance benchmarking database contains financial performance data of more than 50 cement companies from around the world, including not only all the major multinationals but also smaller regional and national cement companies.
