Cement News tagged under: business results
CRH08 December 2014, Published under Cement NewsIn its autumn trading statement, CRH announced that turnover improved by three per cent in Europe and by five per cent in the Americas, or four per cent overall. EBITDA should be ahead by around 10 per cent on both sides of the Atlantic, having seen a 27 per cent rise during the first half (+61 per cent in Europe and broadly unchanged in the Americas). Depreciation and amortisation charges are expected to be around five per cent lower than in 2013 and the net interest charge is forecast to b... |
Vicat08 December 2014, Published under Cement NewsVicat's turnover for the first nine months of the year improved by 6.1 per cent to EUR1847m, which represents an underlying advance of 9.7 per cent. The gearing level was little changed at 51.7 per cent at the end of September compared with 51.3 per cent a year ago and lower than the 52.7 per cent seen at the end of June. Turnover in cement was 10.1 per cent higher at EUR1129m, which represented 53.6 per cent of the group total. Cement deliveries rose by 15.7 per cent to 15.82Mt. The aggrega... |
Cimpor08 December 2014, Published under Cement NewsCimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies declined by 10, 36 and 14 per cent, respectively. South America generated 69.1 per cent of EBITDA in the nine months compared with 79.5 per cent a year earlier. The trading profit (EBIT) came down by 2.6 per cent to EUR321.5m and the net financial charges declined by 1.2 per cent to EUR287.1m to give a pretax profit 12.7 ... |
Buzzi Unicem08 December 2014, Published under Cement NewsBuzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m. The trading profit was ahead by 15.1 per cent to EUR136.1m and net financial charges declined by 38 per cent to EUR50.7m. The contribution from associates increased by 22.6 per cent to EUR36.1m and the pretax profit advanced by 77.3 per cent to EUR121.8m. The tax charge still rose by 63.1 per cent while the minorities charge declined by 36.4 per cen... |
Italcementi08 December 2014, Published under Cement NewsItalcementi's turnover declined by 3.1 per cent to EUR3217.5m in the first nine months the year and the running EBITDA eased by 0.6 to EUR469.3m. Very substantially lower re-organisation costs and a 12.1 per cent reduction in depreciation and impairment charges resulted in the trading profit staging a 48.1 per cent recovery to EUR160.9m. The net interest charge rose by 15.7 per cent to EUR100m and there was a larger financial impairment charge, in spite of which, the pretax profit jumped fro... |
HeidelbergCement08 December 2014, Published under Cement NewsHeidelbergCement's turnover improved by 2.7 per cent to EUR10,127m in the first nine months of the 2014 and EBITDA was 5.7 per cent ahead at EUR1794m. At the trading level, the profit increased by 10.9 per cent to EUR1241m and after a net interest charge 12.1 per cent higher at EUR463m, an associates’ contribution 14 per cent lower at EUR17m and a lower net exceptional items contribution, the pretax profit declined by 15.3 per cent to EUR803m, giving a net attributable profit 33.5 per cent d... |
Lafarge08 December 2014, Published under Cement NewsIn the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to EUR11,332m while EBITDA edged ahead by 0.5 per cent to EUR2320m. The trading profit improved by 2.8 per cent to EUR1589m, while excluding associates there was a 1.2 per cent reduction to EUR1431m. Net financial charges declined by 6.7 per cent to EUR701m and the pretax profit was three per cent lower at EUR636m. Following a 33.3 per cent higher tax charge, the net attr... |
Holcim08 December 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 EUR12,136m and in US dollar terms the drop was just 0.9 per cent. 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 per cent,... |
Chile: Cemento Melon sees 310% 9M14 profit surge28 November 2014, Published under Cement NewsChilean cement producer Cemento Mélon has reported a 310 per cent YoY rise in pretax profits from CLP1.077bn (US$1.79m) to CLP4.855bn in the first nine months of 2014, according to ValorFuturo news service. However, revenues fell by six per cent to CLP142.793bn from CLP151.956bn over the period. Nevertheless, the cost of sales came in at CLP95.1bn, about five per cent lower than the figure recorded for 9M13 (CLP100.6bn). |
Peru: Cementos Pacasmayo profits fall 17% in 3Q1428 October 2014, Published under Cement NewsCementos Pacasmayo reported a YoY drop in net profit of 17 per cent for 3Q14 as cement dispatches fell due to the deceleration in Peru’s economy. In the July-September quarter, the company’s profit fell to PEN40.5m (US$14m) from PEN48.8m in 3Q13. Net sales fell six per cent YoY to PEN316.2m from PEN336.4m in 3Q13. Cost of sales decreased 7.3 per cent to PEN276.2m as did output, which saw a fall of 7.5 per cent to 578,000t. However, in 9M14, Cementos Pacasmayo’s profit reached PEN121.3m,... |