Cement News tagged under: 1Q12
Lafarge helped by Asian and African growth04 May 2012, Published under Cement NewsLafarge's first quarter turnover was up by 4.6% to €3353m, having risen by 8.6% in the comparable period last year, and the EBITDA improved by 7.7% to €516m, while the running profit advanced by 28.4% to €267m. Net financial costs increased by 29.4% to €238m and the re-defined pre-tax loss increased from €7m to €40m, with the net attributable loss rising by 51.7% to €44m. Net debt at the end of March was 13.2% lower at €12,364m, giving a gearing level of 78.4%. Development capital expendit... |
HeidelbergCement lifts prices to stem cost surge03 May 2012, Published under Cement NewsHeidelbergCement joined peers in raising prices after posting a 77% decline in operating profit in the 1Q12, a bigger fall than expected due to higher energy costs. Operating profit in the first three months of the year declined to €14m (US$18m) from €60m a year earlier, the company said on Thursday. That was below than the €52.9m expected on average by analysts in a Reuters poll. "In view of the higher costs of energy and raw materials we launched price increases and in some markets... |
Page
1
of
1
1