Cement News tagged: Corporate

WAPCO seeks US$77m from rights offer

10 May 2005, Published under Cement News

Nigeria’s West African Portland Cement Company , a subsidiary of the world’s leading cement firm Lafarge , said on Monday it had launched its rights issue to raise 10.2 billion

Dyckerhoff losses

10 May 2005, Published under Cement News

Germany’s Dyckerhoff AG said Monday it had a net loss of EUR26m in the first quarter of 2005 after a loss of EUR24m in the previous year period. The company said sales of EUR202m almost matched the pr

Titan Q1 net expected to rise

10 May 2005, Published under Cement News

Greek cement producer Titan is expected to post a rise in first-quarter net profit due to a change in accounting rules and to gains in its international operations, offsetting the post-Olympic Games s

CRH believes it is better positioned

09 May 2005, Published under Cement News

Chairman Pat Molloy, speaking at last week’s AGM in Dublin, said the impact on the business depended on the extent to which it was able to pass on any increase. "So far in 2005 we have had more succes

RAK cement company net up

RAK cement company net up

09 May 2005, Published under Cement News

The Ras Al Khaimah Company for White Cement and Construction Materials posted a 330 per cent jump in its net profits over 2003, company representatives said in a report carried by Gulf News. The compa

ACC profits up 89 per cent

09 May 2005, Published under Cement News

ACC has posted a rise of 88.96 per cent in net profit at Rs 378.39 crore for the year ended March 31, 2005 compared with Rs 200.24 crore last year. Total income (net of excise) rose 16.45 per cent fro

Strong profit growth at Eagle Materials

Strong profit growth at Eagle Materials

06 May 2005, Published under Cement News

For the full year to the end of March, Eagle Materials achieved a turnover of US$616.5m, an increase of 22.7%. The trading profit before corporate overheads and interest charges jumped by 49.0% to US$

Lafarge’s first quarter cement off by 4.1%

05 May 2005, Published under Cement News

The Lafarge group turnover rose by an underlying 1.9% to EUR 2,945m in the first three months of the year, with the contribution from cement being 2.1% higher at EUR 1550m.

Italcementi forms joint venture with Arabian Cement Company

05 May 2005, Published under Cement News

Italcementi’s first quarter results were hit by the adverse March weather in Europe and turnover declined by 1.6% to EUR 990.2m, with the EBITDA falling by 14.2% to EUR

Lafarge Q1 sales up 2.2 per cent

04 May 2005, Published under Cement News

Lafarge reported a 2.2 per cent rise in first-quarter sales on Wednesday on improved prices but bad winter weather in Europe offset some of these gains. Lafarge generated sales of

PTT to buy 30 per cent of TPI

04 May 2005, Published under Cement News

PTT Plc said it planned to buy 30 per cent of Thai Petrochemical Industry (TPI) at Bt3.30 per share, more than 65 per cent below the current market price. PTT, which is among the potential buyers of

St. Lawrence Cement Group 1Q

04 May 2005, Published under Cement News

St Lawrence Cement Group reported sales of $140.3m for the first quarter of 2005 compared to $141.4m for the same period last year. The net loss was $23.6m ($0.56 basic per share) compared to a net lo

Cementos Catatumbo gets new chairman

04 May 2005, Published under Cement News

Venezuelan cement maker Cementos Catatumbo has a new chairman and board for the period 2005-2008 after shareholders approved the appointments, Panorama Digital

Holcim Hungaria 2005 Revenues

04 May 2005, Published under Cement News

Hungarian cement maker Holcim Hungaria Cementipari Rt, a subsidiary of Swiss building materials producer Holcim group, targets a revenue of 30 bln Hungarian forints ($153.3m)

HeidelbergCement losses widening

03 May 2005, Published under Cement News

HeidelbergCement seen posting Wednesday 1Q net loss at EUR99M versus a loss of EUR58M a year ago, according to Dow Jones Newswires survey of 5 analysts. Loss in pretax profit is expected to widen to

Italcementi Q1 net flat to lower

03 May 2005, Published under Cement News

Italcementi SpA’s first quarter net profit, due Wednesday, will be flat to lower, due to poor weather in Italy and other European countries, and higher energy costs, analysts said. Net profit is