Cement News tagged under: Cimar
Morocco: Cimar sees 7.6% EBITDA rise in 3Q1516 November 2015, Published under Cement NewsItalcementi-owned Ciments du Maroc (Cimar), Morocco, saw its turnover rise 1.8 per cent to MAD823m (EUR77.4m) in 3Q15, according to analysts at BMCE Capital Bourse. The figures do not reflect the current slowdown in public works and a lack of investment in social housing, which saw cement and clinker flows fall by 15.8 per cent QoQ (-4.2 per cent in 9M15). The rise in the cement price as well as the healthy sales of ready-mix concrete and aggregates, which expanded by 39.4 and 21.1 per cen... |
Morocco: Cimar sees 10% net profit rise in 1H1529 July 2015, Published under Cement NewsCiments du Maroc (Cimar) reported a 7.6 per cent YoY rise in turnover to MAD1.93bn (US$197m) for the first half of 2015. The positive sales figures in Doukkala-Abda region, which advanced by 20.4 per cent, contributed significantly to keep sales stable for the Moroccan cement producer, despite a 1.3 per cent contraction in the domestic market. In addition, the company also benefitted from a 27 per cent rise in ready-mix concrete and aggregates sales in this period when compared with 1H14.... |
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