Cement News tagged under: Switzerland
Holcim files Lafarge stock exchange offer12 May 2015, Published under Cement NewsHolcim Ltd said on Monday it has filed with the French financial market regulator details of its proposed share exchange with Lafarge. The offer allows Lafarge shareholders to exchange all shares in the Paris-based company for newly created shares in Holcim. The exchange ratio is 10 Lafarge shares for nine shares in Holcim. Two thirds of Lafarge's 293 million shares have to be offered up by shareholders for the deal to go ahead. The offer is due to open on 1 June and run until 3 July... |
Holcim sees continued growth in the USA30 April 2015, Published under Cement NewsHolcim's first quarter turnover declined by 2.8 per cent to CHF3972m (€3699m), but on a like-for-like basis, there was a 1.6 per cent reduction while measured in euros the turnover was ahead by 10.7 per cent. Operating EBITDA declined by 3.9 per cent to CHF593m (€552m). The trading profit was down by 11.5 per cent to CHF261m (€243m), while the net attributable profit jumped by 289.3 per cent to CHF310m (€289m). Net debt at the end of March was 0.3 per cent higher at CHF9670m (€7862m) to g... |
1Q15 Swiss dispatches down 16%09 April 2015, Published under Cement NewsDomestic deliveries by the Swiss cement industry fell 16 per cent in 1Q15 as the construction industry experiences a cooldown, according to cement association Cemsuisse. Dispatches fell from 980,721t in 1Q14 to 823,375t in 1Q15. |
Holcim sees 3% improvement in like-for-like net sales23 February 2015, Published under Cement NewsHolcim increased net sales by three per cent on a like-for-like basis in 2014. Growth mostly resulted from price improvements in many regions, particularly in North America against a favourable market environment as well as a response to cost inflation in Latin America. An unfavourable currency effect of 5.2 per cent and negative changes in consolidation structure impacted the consolidated net sales performance in 2014 which was down 3.1 percent to CHF19,110m (US$ 17.8 bn). Like-for... |
Holcim (Switzerland) to extend Gabenchopf quarry09 February 2015, Published under Cement NewsHolcim plans to expand the Gabenchopf quarry in Villigen, Switzerland, to the west to yield around 12Mt of rock. The step is designed to maintain operations for the next 10 years at the company’s Siggenthal works. The cement works has drawn upon Gabenchopf for its supply of limestone and marl since 1955. The raw materials are transported to the plant via a 3.7km-long conveyor belt. The current mining permit, which includes a comprehensive rehabilitation scheme, dates from 1998. Initia... |
Swiss CemIn West acquires 96.6% of Ivano-Frankivskcement23 December 2014, Published under Cement NewsSwitzerland-based CemIn West SA has bought a 96.6 per cent in Ukraine’s Ivano-Frankivskcement, according to the target company. The majority holding was bought from Cyprus-based Permixo Ltd, Basmaren Enterprises Ltd and Prenters Engineering Ltd, which sold their respective stakes of 36.98%, 20.76% and 13.3% in the Yamnitsa-based entity. Ivano-Frankivskcement closed 2013 with a net profit of UAH130.3m (US$8.2m). |
Changes in Holcim Ltd's senior management08 December 2014, Published under Cement NewsJacques Bourgon, currently head of OH&S, senior advisor to the CEO and member of Holcim Ltd's senior management, has decided to pursue other challenges outside the group. He will be leaving Holcim on 31 December 2014, according to a statement by the Swiss cement major. "Holcim thanks Jacques Bourgon for the valuable contributions he has made to the success of the Group in various roles during his 24 years with the company," Holcim said. |
Holcim increases shipments in the USA, Africa and Asia03 November 2014, Published under Cement NewsHolcim’s turnover for the first nine months declined by 4.7 per cent to CHF14,243m, while in euro terms the reduction was 3.6 per cent to €12,136m and in US dollar terms the decline was just 0.9 per cent, while on a like for like basis there was a 3.4 per cent increase. The Asia Pacific region generated 36.6 per cent of group turnover, down from 37.5 per cent a year earlier, while Europe represented 29.9 per cent, up from 28.4 per cent. Latin America contributed 15.7 per cent against 17.1... |
Holcim's turnover brought lower by exchange rates30 July 2014, Published under Cement NewsHolcim's cement deliveries improved by two per cent to 70Mt in the first six months, and the underlying advance was 2.8 per cent. Sales of other mineral components recovered by 7.6 per cent to 1.8Mt. Shipments of aggregates edged ahead by 0.2 per cent to 69.6Mt and ready-mixed concrete deliveries declined by three per cent to 18.1Mm³, while asphalt sales rose by 21.8 per cent to 4.1Mt. Turnover declined by 6.1 per cent to CHF9,649m, or by 5.4 per cent in euro terms to EUR7,419m, while on ... |
Holcim strong start in Europe28 April 2014, Published under Cement NewsHolcim's first quarter turnover declined by 5.4 per cent to CHF4088m (EUR3342m), but on a like-for-lake basis, there was a 7.8 per cent increase and measured in euros the turnover, was off by five per cent. The operating EBITDA declined by 5.1 per cent to CHF617m (EUR504m), which represents an underlying increase of 10.1 per cent. The trading profit increased by 9.3 per cent to CHF295m (EUR241m), while the net attributable profit dropped by 57.5 per cent to CHF80m (EUR65m), as last year'... |