Cement News tagged: Corporate
Holcim Shareholders OK Capital Increase, Dividend
Swiss based cement maker Holcim Lt Friday said its shareholders approved the planned capital increase and the payment of the dividend of CHF1.65 per registered share.
Cementir Q1 profits more than double, Italy
Cementir, the Italian cement and concrete group, saw its pre-tax profits soar by 123 per cent, to EUR15m, during the opening quarter of 2006.
Lafarge completes North American transaction
Lafarge has announced that it has successfully completed its cash tender offer for the 46.8% minority stake in Lafarge North America that it not previously
Buzzi Unicem Q1 net swings into profit on higher sales, Italy
Italy’s Buzzi Unicem SpA said it posted a EUR29.1m net profit in the first quarter compared with a EUR17.8m loss a year earlier, thanks to stronger sales.
Holcim to issue shares at CHF83 each in capital hike, Switzerland
Holcim Ltd announced Friday the final conditions of a previously-announced capital hike, confirming the issue price of CHF83 per share but slightly increasing the number of shares to be issued.
Cementir revenue up 26.8 per cent, Italy
Italian cement group Cementir, a unit of local construction company Caltagirone, registered a revenue of EUR217.2m (US$275.9m) in the first three months of 2006, up 26.8 per cent YoY, the company said
FCC’s Q1 net profit rises 41 per cent, Spain
Spanish building and services group Fomento de Construcciones y Contratas (FCC) posted a 40.7 per cent rise in first-quarter net profit to EUR113.8m.
Suez net profit surges, Egypt
Egypt’s Suez Cement Co (SCC), 51 per cent held by Ciments Francais, registered a surge in consolidated net profit to E£222.7m (US$38.6m) in the first quarter of 2006, compared to E£105.7m (US$18
Juan Minetti profits slide 19 per cent, Argentina
Argentine cement and concrete company Juan Minetti made net profits totaling ARP18.7m (US$6.16m) during the first quarter this year, down 18.6 per cent compared to the same period of 2005, the company
Holcim first quarter net sales up 70 per cent
Holcim has reported a successful start to the new year with investments in India and China create new growth potential. The Swiss major reported higher sales volumes across all segments for 1Q06. Ne
Titan Cement increases sales, profits in Q1 2006
The Titan Cement Group increased its net profits after taxes and minorities to EUR43m in the first quarter of 2006, up by 58% compared with the same period last year, while sales were up 34% to stand
Tasek Cement post RM11.98m profit, Malaysia
Tasek Corporation Bhd posted a net profit of RM11.98m for the third quarter ended March 31, 2006, a turnaround from the net loss of RM9.95m a year ago, on the back of improvements in demand and pricin
Valderrivas interested in Uniland
Fomento de Construcciones y Contratas SA’s cement unit Portland Valderrivas is eying ’with interest’ the acquisition of rival Cor
Andalas looks for Padang stake
PT Andalas Tuah Sakato (ATS) (no relation to Lafarge Andalas) hopes the government would let the company to acquire 25.53 per cent shares of Semen Padang that was allocated for Cemex SA. The Commissi
Shree Cement improves
Shree Cement, like other players in the Indian cement sector, has reported improved performance in the March 2006 quarter. Operating profit grew 100 per cent YoY to Rs 81.59 crore in the last quarter,
Camargo Corrêa issues US$250m in international bonds, Brazil
Brazilian civil engineering firm Camargo Corrêa has issued US$250m in senior unsecured bonds on international markets, local daily Valor Econômico reported