Dalmacijacement profit down

Dalmacijacement profit down
Published: 01 November 2005

Croatian cement maker Dalmacijacement-RMC Group, owned by Mexico’s Cemex S.A., said on Monday its nine-months net profit fell by 19.5 per cent on the year to 111.4 million kuna ($18.1m).  In its consolidated nine month report, sent to the Zagreb Stock Exchange, the company said the earnings were in line with its plans, but provided no further details.  The company said earlier in September it planned to expand its operations in Croatia in the production of concrete for transport facilities and aggregates. 
Dalmacijacement joined the Cemex group in March, when the Mexican company completed the acquisition of the UK-based RMC Group, the parent company,