Cement News tagged under: 3Q19

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FLSmidth records 3Q19 order intake down 36%

29 October 2019, Published under Cement News

FLSmidth's order intake for the 3Q19 amounted to DKK4571m (US$704.5m), a decline of 36 per cent compared to the 3Q18. The performance is explained by a sharp decline in the capital order intake that was partly offset by a record-high service order intake, combined with the exceptionally strong comparative quarter in 2018 that included two large cement plant orders worth a total of about DKK1.9bn. The order backlog decreased to DKK16,088m from DKK16,762m at the end of 2Q19. The market for ...

Cemex Latam Holdings reports consolidated 3Q19 sales of US$245m

25 October 2019, Published under Cement News

Cemex Latam Holdings SA reports that its consolidated net sales reached US$245m during the 3Q19, a fall of 12 per cent in US-dollar terms or four per cent in local currency terms, compared to 3Q18. Operating EBITDA totalled US$46m during the 3Q19, down 26 per cent in US-dollar terms YoY. Consolidated domestic grey cement sales volumes increased by one per cent, while ready-mix and aggregates declined by nine per cent compared to 3Q18. Consolidated prices in local currency for grey cement an...

Steppe Cement suffers weak 3Q19

08 October 2019, Published under Cement News

Steppe Cement Ltd of Kazakhstan had a weak third-quarter performance but said year-to-date revenue benefitted from rising cement prices. The construction materials producer said revenue in the three months to the end of September was 10 per cent lower compared with the prior year, at KZT10.56bn (US$27.1m). A cement sales volume of 576,692t was achieved by Steppe Cement during the 3Q19, an 11 per cent decrease from the 3Q18. However, for the first nine months of 2019 revenue rose by 10 per...