04 June 2019

Cementir - May 2019

Cementir's first-quarter turnover recovered by 9.1 per cent to EUR264.4m and EBITDA rose by 39.8 per cent to EUR33.7m, while at the trading level the advance was reduced to 23.6 per cent to EUR7.8m. At the pretax level, there was a swing from a EUR7.2m profit to a loss of a EUR0.3m. Ne...

04 June 2019

Titan - May 2019

Titan's first-quarter turnover improved by 12.5 per cent to EUR362.7m and EBITDA advanced by 1.9 per cent to EUR44.3m. After a EUR15m (EUR14m) net financial charge and exchange rate movements, there was a pretax loss...

04 June 2019

Cimpor - May 2019

Argentina's Loma Negra saw cement volumes decline by 11.7 per cent to 1.52Mt during the 1Q19. Of this Argentina provided 1.37Mt, a reduction of 13.8 per cent, and Paraguay 0.15Mt, an increase of 7.8 per cent. Ready-m...

04 June 2019

Vicat - May 2019

Vicat's first-quarter turnover showed 4.7 per cent improvement to EUR600m, which represents an underlying advance of just 0.3 per cent at constant parameters and exchange rates. The cement turnover also grew by 4.7 p...

04 June 2019

Buzzi Unicem - May 2019

Buzzi Unicem's 1Q turnover rose by 21.7 per cent to EUR656m, having fallen by 8.4 per cent a year earlier. Turnover advanced in all countries apart from Brazil. Net debt at the end of March was 16.1 per cent higher a...

04 June 2019

HeidelbergCement - May 2019

HeidelbergCement's first-quarter turnover improved by 16.9 per cent, helped by better weather, to EUR4238m, while the EBITDA rose by 58.6 per cent to EUR396m. The trading result was a EUR60m profit compared with a EU...

04 June 2019

LafargeHolcim - May 2019

LafargeHolcim has agreed the sale of its 51 per cent-owned subsidiary Lafarge Malaysia to YTLCement Berhad for US$396m, a 43 per cent premium to the latest share price before the deal was announced. The sale includes...

22 May 2019

China National Building Materials (CNBM) - May 2019

CNBM’s net profit jumped by 176 per cent YoY to CNY2.6bn (US$376m) in the opening quarter of 2019, according to Credit Suisse. Outperforming market expectations, the rise is being attributed to a higher average se...

22 May 2019

Semen Indonesia - May 2019

In April 2019 PT Semen Indonesia sold a total of 3,096,519t of cement and clinker. This compares to 3,161,372t in the previous month. Semen Indonesia contributed 2,144,359t to the April total, mainly from domestic sa...

22 May 2019

PPC - May 2019

PPC Zimbabwe is planning to invest some of its dividends in government bonds to increase local procurement, according to the company. PPC currently runs three plants in the country with a total production capacity of...

22 May 2019

Cementos Argos - May 2019

In the 1Q19 Cementos Argos sold 3.8Mt of cement, up 4.7 per cent YoY. Revenue over the same period advanced by 14 per cent to COP21.trn (US$628.5m), while operating EBITDA was up 3.7 per cent to COP311bn. However, en...

22 May 2019

UltraTech Cement - May 2019

Following its acquisition of Binani Cement, UltraTech Cement is now looking to sell the 3Mta integrated cement plant in China and 2.5Mta grinding plant in UAE it inherited as part of the deal. Prior to the agreement ...

22 May 2019

Dangote Cement - May 2019

The first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NGN240.2bn (US$668m) while EBITDA contract...

22 May 2019

Anhui Conch - May 2019

Anhui Conch’s revenue increased by 62.5 per cent YoY to CNY30.5bn (US$4.4bn) in the opening quarter of 2019. Net profit over the same period advanced by 27.2 per cent from CNY4.77bn to CNY6.08bn. Earnings per share i...

22 May 2019

PT Indocement - May 2019

PT Indocement’s revenue increased by 8.5 per cent YoY to IDR3732bn (US$257m) in the opening quarter of 2019. EBITDA over the same period advanced by 25.9 per cent from IDR560.1bn to IDR705.2bn. The EBITDA margin expa...

16 May 2019

LafargeHolcim improves strongly in Europe

LafargeHolcim's first-qu­­arter turnover improved by 2.2 per cent to CHF5959m (EUR5235m), with the increase amounting to 6.9 per cent when measured in euros. The Asia-Pacific region generated 30.2 per cent (32.5) of ...

02 May 2019

HeidelbergCement - April 2019

HeidelbergCement has sold the 0.7Mta Spoleto cement works to Colacem and agreement has been reached to sell the Testi integrated cement works and two grinding centres to Buzzi Unicem, with completion envisaged by the...

02 May 2019

LafargeHolcim - April 2019

The LafargeHolcim subsidiary Cimencam has inaugurated a 0.5Mta cement plant at Nomayos in Cameroon. Lafarge Malaysia is seeing continued weakness in demand for 2019. Prices have increased somewhat because of highe...

02 May 2019

Cemex - April 2019

Cemex 1Q19 turnover declined by 6.9 per cent to US$3238.12m and EBITDA fell by 6.1 per cent to US$5561.84m. The trading profit dropped by 14.3 per cent to US$293.98m. The company's net interest charge came down by 7....

02 May 2019

Cemex Latin American Holdings - April 2019

Cemex Latin American Holdings' turnover declined by 11.5 per cent in the 1Q19 to US$258.2m, while EBITDA came off by 19.3 per cent to US$54.3m. At the trading level, there was a 25.4 per cent profit reduction to US$3...