Cement News tagged under: business results

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Lafarge

02 April 2015, Published under Cement News

Lafarge Zimbabwe saw volumes decline by 7.4 per cent in 2014 to 0.31Mt as a result of reduced commercial and residential building activity.

HeidelbergCement

02 April 2015, Published under Cement News

HeidelbergCement's turnover increased by four per cent last year to EUR12,614m, or by 8.4 per cent on a comparative basis, and EBITDA improved by a 2.9 per cent to EUR2288m. Trading profit advanced by five per cent to EUR1595m, or by 12.9 per cent adjusting for currency movements and changes in the scope of consolidation. After a 17.1 per cent increase in net interest payments to EUR629m, the pretax profit declined by 8.9 per cent to EUR931m and the net attributable profit fell by 34 per cen...

Italcementi

02 April 2015, Published under Cement News

Italcementi's 2014 turnover declined by a further 1.8 per cent to EUR4155.6m, but the underlying EBITDA did improve by 2.9 per cent to EUR649.1m. The depreciation charge declined by 3.1 per cent to EUR408.3m and impairment charges dropped by a further 70.9 per cent to EUR9.2m. The trading profit advanced by a further 42.3 per cent to EUR226.7m. Net financial charges rose by 14.3 per cent to EUR136.5m while the contribution from associates rose by 57.1 per cent to EUR11.7m to give a pretax pr...

Votorantim

02 April 2015, Published under Cement News

Votorantim Industrial generated a turnover 6.9 per cent higher atBRL28,059m (EUR8,660m) while EBITDA rose by 31.9 per cent to BRL7105m (EUR2193m). Votorantim Cimentos contributed 46.5 per cent of the turnover and 50 per cent of EBITDA in 2014, with metals being the second-largest contributor accounting for 32.9 per cent of turnover and 30.7 per cent of EBITDA, while steel and the mining operations in Peru accounting for the remainder. Group capital expenditure was 3.7 per cent higher at BRL2...

Buzzi Unicem

02 April 2015, Published under Cement News

On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m, while at the headline level there was a 4.8 per cent advance to EUR422.7m. After a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16m to EUR175.6m. At the net attribu...

Cimpor

02 April 2015, Published under Cement News

Cimpor's turnover eased by 0.8 per cent in 2014 to EUR2603.7m while EBITDA declined by 6.7 per cent to EUR645.6m. The trading profit emerged 7.9 per cent lower at EUR448.8. The net financial charge declined by 8.8 per cent to EUR371.4m, giving a pretax profit 3.5 per cent lower at EUR77.3m. At the net attributable level there was a swing from a loss of EUR19.4m to a profit of EUR27.2m. Net debt at the end of 2014 stood at EUR3561m, an increase of 3.7 per cent, while shareholders' funds decli...

Vicat

02 April 2015, Published under Cement News

Vicat’s turnover increased by six per cent in 2014 to EUR2422.7m and EBITDA emerged 3.6 per cent ahead at EUR442.0, while at unchanged parameters the increases would have been eight per cent and seven per cent respectively. The trading profit rose by 12.3 per cent to EUR263.1m. The net financial charge was 8.2 per cent higher at EUR47.6m and after a slightly higher contribution from associates the pretax profit improved by 12.5 per cent to EUR203m. After a lower effective tax charge of 29.3 ...

CRH

02 April 2015, Published under Cement News

CRH's turnover increased by 4.9 per cent in 2014 to EUR18,912m while EBITDA advanced by 11.3 per cent to EUR1641m. The trading profit before charging EUR49m of impairments rose by 28.8 per cent to EUR966m. The net interest charge declined by 1.2 per cent to EUR246m and a EUR77m gain on disposals, compared with EUR26m in 2014, led to a pretax profit of  EUR761 compared with a loss of EUR215m in 2013. The net attributable result swung from a EUR296m loss to a profit of EUR582m. Net debt at the...

Anhui Conch Cement Co

26 March 2015, Published under Cement News

2014 saw Anhui Conch report net profit gains of 17 per cent to CNY11bn (US$1.77bn), compared to CNY9.4bn the previous year. Cement and clinker sales for the year were also up, coming in at 249Mt, representing growth of 9.3 per cent versus 2013. Revenue for the year expanded from CNY55.3bn in 2013 to CNY60.8bn. But there was caution in the wind as demand for cement is expected to weaken following the expected slowdown in China’s economy causing house prices to contract. In the east of the ...

Holcim

05 March 2015, Published under Cement News

Holcim's turnover declined by 3.1 per cent in 2014 to CHF19,110m and in euro terms there was a 1.8 per cent reduction to EUR15,734m, while in US$ terms there was a 1.9 per cent decline. The operating EBITDA eased by 3.8 per cent to CHF3747m (EUR3085m), though ignoring the merger and restructuring, the reduction was just 0.3 per cent to CHF3885m (EUR3199m). The trading profit was 1.7 per cent lower at CHF2317m (EUR1080m), and up by 4.6 per cent if excluding restructuring costs. The net attrib...