Cement News tagged under: Full Year 2016

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CRH's regional businesses push group sales up in 2016

13 March 2017, Published under Cement News

CRH recorded sales of EUR27.1bn in 2016, 15 per cent up on 2015. Divestments and disposals generated total profits of EUR55m, boosting group revenues in several regions. The UK, Ireland and Spain delivered strong cement volumes for the group and white cement sales were up 18 per cent in Ireland, although domestic prices were constrained with overcapacity. While cement and ready-mix volumes were ahead in Spain, operating profits were lower than 2015. French cement deliveries were...

UK: Breedon Group's revenues up by 42.8% in 2016

08 March 2017, Published under Cement News

Bredon Group Plc's revenues for 2016 grew by 42.8 per cent to GBP454.7m and underlying earnings before interest and tax (EBIT) increased by 57.8 per cent to GBP59.6m, including a five-month contribution from newly-acquired Hope Construction Materials (‘Hope’).  This equates to an underlying EBIT margin of 13.1 per cent (2015:11.9 per cent), reflecting good progress towards our 2020 target of 15 per cent, the company said.  Profit before tax rose by 49.5 per cent to GBP46.8m. Underlying pr...

Cementir's cement and clinker sales rise by 7.9% in 2016

06 March 2017, Published under Cement News

Cementir Holding’s cement and clinker sales for 2016 amounted to 10.1Mt in 2016, up 7.9 per cent on 2015. Strong sales in Malaysia and Scandinavia offset poor returns in Italy, where cement sales fell, while the depreciation of local currencies compared to the EUR was negative EUR46.8m. Danish grey and white cement sales rose by 9.5 per cent during 2016 although ready-mix sales fell -1.3 per cent. In Turkey cement and ready-mix sales rose by five and 27 per cent, respectively. Turkish ...