Cement News tagged: Corporate
Lafarge sets price guidance on euro bond -banker
Lafarge has set price guidance on its planned EUR500m (US$586.9m) bond due March 2016, a banker familiar with the deal said on Wednesday. The bond will be priced later this week to yield "low 70s" ba
Holcim nine-month results beat forecasts on robust internal growth
Holcim Ltd said net profit for the first nine months rose to SwFr1.384bn from SwFr875m a year earlier, beating forecasts on robust internal growth, sales gains and cost savings, which more than offset
Pushka Decides To Buy Out 0.83% Of Its Stocks
The supervisory council of the Kramatorsk-based cement plant Pushka (Donetsk region) at its October 25 meeting decided to buy out 0.827% of its stocks. According to the statement, the company will buy
Lafarge plans EUR500m March 2016 bond
Lafarge plans to sell a EUR500m bond due March 2016 this week, an official at one of the banks managing the sale said on Tuesday. BNP Paribas, Calyon, HSBC and RBS are managing the sale. Proceeds wil
Italcementi begins to see Egyptian benefits
Italcementi’s cement shipments reached 41.5Mt in the first nine months of the year, an underlying increase of 1.7% and an absolute advance of 13.8% as the group expanded, particularly in Egypt.
HeidelbergCement Q3 net profit up, beats forecast
HeidelbergCement reported a 60 per cent rise in third-quarter net profit on Tuesday, boosted by a pick-up in its key North American and Indonesian markets.
Ciments Francais: results improve
At the end of September 2005, consolidated revenues increased in every country except Greece and also profited from globally positive price trends. The increase in volumes at the end of the first half
Aditya Birla Oct cement shipments up
Aditya Birla group, India’s top cement producer, said on Monday its October cement shipments rose 6.35 per cent from a year ago to 2.35Mt The Birla group, comprising flagship
Gujarat Ambuja Oct cement shipments fall
Gujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said on Monday its October shipments fell 0.8 per cent from a year earlier, to 1.17Mt Ambuja’s cement
Saudi Arabian Cement Co Net Profit Down
Saudi cement producer Arabian Cement Company (ACC) posted a net profit of 252 mln Saudi riyals (US$67.2m) for the first nine months of 2005, down 3.5 per cent year-on-year.
Lafarge North America Q3 net up
Lafarge North America, owned 54 per cent by Lafarge SA, said third quarter net profit rose to US$172.1m from US$165.6m in the same period last year, on the back of price increases for all products and
India Associated Cement Oct sales
Indian cement leader Associated Cement Cos. Ltd.reported a 7.9 per cent rise in October cement sales to 1.51Mt, up from 1.40Mt in the year-ago month. Cumulative sales for the April-October period sto
Sean Quinn almost doubles turnover
Gross sales at Sean Quinn’s insurance, cement, hotels and glass empire nearly doubled last year to €1bn, according to accounts just filed. Turnover from existing operations came in at €660m. The
WAPCO highlights
West African Portland Cement (WAPCO) PLC which recently concluded its new plant at a cost of Euro 200m notes that its profit and turnover climbed 37 per cent, and 13 per cent, respectively, for the ni
Mexico consumer confidence rises in October
Mexico’s consumer confidence index rose to 103.3 in October from 101.3 in September, the government said on Thursday, despite concerns about the impact on economic growth from two devastating hu
Eagle Materials manages two cement price increases in six months
In the six months to the end of September, Eagle Materials increased turnover by 36.1% to US$426.9m, helped by Illinois Cement Company now being a subsidiary rather than an associate. The group tradi