PT Indocement - August 2013

PT Indocement, part of the HeidelbergCement group, has posted a small increase in domestic sales in 1H13, up by 0.5 per cent to 8.73Mt, compared to 8.69Mt in the same period last year. This came in considerably lower than the growth in national cement demand, which reached 7.5 per cent over the same period, causing the company’s market share to slump from 33 per cent in 1H12 to 30.9 per cent in 1H13. Export sales, however, were up by 35 per cent, giving a total sales volume growth of 0.7 per cent in the first six months of the year.

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