Cement News tagged: Corporate

French Vicat Registers 76.5 Mln Euro Net Profit H1 2004

16 September 2004, Published under Cement News

French building materials supplier Vicat SA reported a net profit of 76.5 mln euro ($93.7 mln) for the first half of 2004, up 15.3 pct year-on-year. The company’s earnings before interest, tax,

Cimpor first half profits fall in the regions

15 September 2004, Published under Cement News

Cimpor’s turnover for the first six months of the year moved ahead by 3.7% to €678.4m while the operating profit at the EBITDA level fell by 7.5% to €228.8m. The decline in the trading profit was mor

Dyckerhoff’s Roentgen to quit

14 September 2004, Published under Cement News

German cement maker Dyckerhoff AG said Monday its management board member Alexander Roentgen will leave the company at the end of the year to become Executive Director of RMC Group, the parent company

Cimpor 1H down

14 September 2004, Published under Cement News

Cimpor-Cimentos de Portugal SGPS said Monday that increased export activity and lower prices for its products in Brazil helped trim consolidated net profit 3.8% in the first half to EUR86.8 mllion fro

CEMEX sees Q3 EBITDA higher

CEMEX sees Q3 EBITDA higher

13 September 2004, Published under Cement News

Cemex sees Q3 EBITDA at US$645m, up 13 per cent from the year earlier period, while operating income is expected to be about US$485m, up 20 per cent. Third quarter revenues are expected at more than U

Lafarge allowed to raise capital

13 September 2004, Published under Cement News

The Philippines Securities and Exchange Commission (SEC) has allowed the local units of French conglomerate Lafarge group to increase their capital stock as payment for liabilities against their paren

Buzzi Unicem’s first half cement volumes exceed 15Mt

Buzzi Unicem’s first half cement volumes exceed 15Mt

13 September 2004, Published under Cement News

The enlarged Buzzi Unicem increased cement sales by 2.3% in the first six month of the year to just over 15Mt while ready-mixed concrete deliveries were 2.8% higher at 7.3Mm3. The underlying turnover

Strong cement sales; weaker prices

10 September 2004, Published under Cement News

A Buy recommendation on Siam City Cement is reiterated with a share price objective of Bt265. The price objective is based on discounted cash flow with a sustainable growth rate of 5% and a discount r

Cemento Nacional sells non-core assets

10 September 2004, Published under Cement News

Ecuadorian cement producer Cemento Nacional (CN) has sold non-core assets to maintain a focus on cement, concrete and aggregate production, daily newspaper Hoy reported. Five factories that produce b

Lafarge widens first half margins

10 September 2004, Published under Cement News

On the back of a 7.0% increase in turnover to €6,794m, Lafarge increased the operating profit at the EBITDA level by 18.2% to €1,317m and the trading profit by 30.7% to €876m. Helped by a 28.5% reduct

Boral eyes Florida tile market

10 September 2004, Published under Cement News

The Australian-based building materials group Boral is investing US$12m in a clay tile plant joint venture on Trinidad to supply the Florida market. Boral’s joint venture partner, ANSA McAL Group, ow

Lafarge lifts guidance after forecast-beating H1.

09 September 2004, Published under Cement News

Lafarge’s first-half net profit more than doubled on higher demand for building materials amid better weather in Europe and North America, prompting the world’s biggest cement maker to imp

GCC’s domestic expansion options limited

09 September 2004, Published under Cement News

Mexican Cement maker Grupo Cementos de Chihuahua’s limited expansion opportunities in Mexico and dependence on operations in Chihuahua state hinder its credit rating, Standard & Poor’s ana

Buyers eye Turkish factories

08 September 2004, Published under Cement News

Italcementi SpA unit Ciments Francais has declared its interest in acquiring several factories in Turkey formerly operated by local diversified group Uzan, and which were placed under state control af

RMC: takeover bid from CRH?

08 September 2004, Published under Cement News

Shares in RMC Group PLC gained in early trade as dealers mulled UK news reports that the cement group could soon be on the receiving end of a UK£2.1bn cash bid, worth 800 pence per share. Traders at

Gresik to expand cement capacity

07 September 2004, Published under Cement News

Indonesia’s Semen Gresik to expand cement capacity by 5.3Mt - report news sources in Jakarta. State-owned PT Semen Gresik, the country’s largest cement producer, plans to raise its consoli