Cement News tagged under: 1H15
Kenya: ARM Cement to recover from US$4.6m 1H15 loss31 July 2015, Published under Cement NewsKenya's ARM Cement stooped to a first-half pretax loss of KES473.52m (US$4.6m), the firm said on Thursday, but said it expected to improve its performance in the 2H15. "In spite of the recent currency depreciation and increase in interest rates, the fundamentals for continued economic and construction sector growth remain strong," the firm said. "The company expects to significantly improve performance in the second half of the year through cost efficiencies arising from self-sufficiency i... |
Lafarge EBITDA up EUR52m in 1H1529 July 2015, Published under Cement NewsLafarge's cement volumes for the second quarter of 2015 were down three per cent due to a fall in export sales as the two per cent volume rise in domestic markets could not entirely offset the decline overseas. Volumes were supported by continuing positive trends in many markets such as Romania, the Philippines, Egypt or Canada while adverse weather limited growth in the United States. There was also ramp-up of new capacities in Rajasthan (India) and Russia to offset the impact of subdued m... |
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