Cement News tagged under: Denmark
Aalborg puts Cementir on a better global footing23 April 2019, Published under Cement NewsThis week Aalborg Portland , owned by Cementir Holdings, reported a record turnover in 2018 of DKK8.895bn (US$1.37bn), the highest that the company has achieved, due to higher sales volumes following acquisitions in Belgium and the US. Aalborg’s key role Aalborg Portland's latest results highlight the importance of the Denmark-based company in supporting Cementir Holdings’ operations throughout the world. It is a key part of Cementir’s 3.3Mta white cement capacity and 20 per cent share ... |
Aalborg puts Cementir on a better global footing18 April 2019, Published under Cement NewsThis week Aalborg Portland , owned by Cementir Holdings, reported a record turnover in 2018 of DKK8.895bn (US$1.37bn), the highest that the company has achieved, due to higher sales volumes following acquisitions in Belgium and the US. Aalborg’s key role Aalborg Portland's latest results highlight the importance of the Denmark-based company in supporting Cementir Holdings’ operations throughout the world. It is a key part of Cementir’s 3.3Mta white cement capacity and 20 per cent share ... |
Aalborg Portland posts record turnover in 201817 April 2019, Published under Cement NewsDenmark-based Aalborg Portland has recorded a five per cent rise in turnover to DKK8.90bn (US$1.37bn) in 2018, compared with DKK8.5bn in 2017, which is the company’s highest-ever turnover. The improvement is due to large acquisitions in Belgium and the US, which with satisfactory returns have been able to compensate for stagnation in construction activity in the Nordic region. "We are proud that in 2018 we have delivered both the highest turnover and the best result in the Group's history... |
FLSmidth reports 71% order increase in 3Q1807 November 2018, Published under Cement NewsFLSmidth has released its interim 3Q18 report and recorded a 71 per cent order increase to DKK7.164bn (US$1.102bn), on the back of two large cement plant orders in Central America at a combined value of DKK1.9bn. This brought the order backlog to DKK17.2bn, the highest level in three years. "It makes us proud each time a customer selects us to deliver and install mission critical equipment or grants FLSmidth an important service contract to enhance productivity. At the same time, our stron... |
Aalborg Portland signs 5-year transport deal26 September 2018, Published under Cement NewsDenmark-based Aalborg Portland has signed a five-year cement transport agreement with Demstrup Autotransport and Silo Trans. The two firms will carry out the more than 33,000 transports annually to complete the cement producer’s distribution of more than 1.25Mta of cement. |
FLSmidth reports 13% order increase in 2Q1808 August 2018, Published under Cement NewsFLSmidth has released its interim 2Q18 report and reported a 13 per cent order increase to DKK5.056bn (US$787.86m) for the period, driven by over 100 per cent growth in the minerals division. Revenue in the second quarter advanced 3.2 per cent YoY to DKK4.73bn, compared with DKK4.585bn of 2Q17. "We saw the highest order intake in the Minerals division for several years, which shows that miners are starting to put action behind their investment plans. Most activity is related to single equi... |
FLSmidth and CNBM sign framework agreement19 July 2018, Published under Cement NewsFLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of CNBM Group, and Thomas Schulz, Group CEO of FLSmidth, signed the framework agreement at a high-level meeting at the FLSmidth headquarters in Denmark this week. "It was a pleasure to welcome the guests and to participate in such collaborative discussions about future opportunities to work together. Through this framew... |
FLSmidth to modernise its Valby HQ offices04 May 2018, Published under Cement NewsFLSmidth is building a new campus in Copenhagen that will be the workplace of more than 1000 people. An agreement signed between FLSmidth and ATP Real Estate marks the first step towards a new, modern campus on the Valby HQ site in Copenhagen. Converting the property into the new campus will involve a full-scale renovation of the historic buildings facing Vigerslev Allé worthy of preservation combined with the addition of brand new office facilities. "Our existing buildings do not meet ... |
FLSmidth reports positive overall results08 February 2018, Published under Cement NewsFLSmidth released its annual report on Wednesday and reported a five per cent order increase to DKK19.17bn (US$3.15bn) in 2017, driven by stronger offtake in the minerals division in 2H17 and by total service activities, but revenue declined one per cent to DKK18bn. Full-year EBITA advanced 18 per cent YoY to DKK1.515bn from DKK1.289bn in 2016, while the corresponding EBITA margin rose from 7.1 to 8.4 per cent. "2017 probably marked the trough of the business cycle, and based on our goo... |
FLSmidth reports higher EBITA margin despite lower revenue10 November 2017, Published under Cement NewsDenmark-based FLSmidth reported a 14 per cent fall in revenues in 3Q17 to DKK4101m (US$ 642.4m) from DKK4774m in 3Q16. While gross profit decreased by nine per cent to DKK1065m and EBITA was off by two per cent to DKK336, the company saw its EBITA margin improve from 7.2 per cent in 3Q16 to 8.2 per cent in 3Q17 on the back of a higher gross margin and a significantly-lower cost base. However, net profit receded from DKK170m in 3Q16 to DKK23m one year later. FLSmidth’s order intake grew... |