Cement News tagged: Corporate
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
Cimpor dividend distribution
Cimpor - Cimentos de Portugal will distribute a dividend of 0.19 euro per share on its 2005 earnings, the company said in a note to Portugal’s national bourse regulator CMVM on May 8, 2006. The
Titan Q1 net seen up 22 per cent
Titan is expected to report a 22 per cent rise in first-quarter net profit, thanks to strong growth at home and abroad, analysts said on Monday. A Reuters poll of eight analysts forecast on average
Anhui Conch Cement gets approval to sell stake
Anhui Conch Cement Co Ltd said its parent has been given approval by the central government to sell a combined 14.34 per cent stake in the cement maker to MS Asia Investment Ltd and the International
SCCC operating result for Q1 2006
The consolidated revenues for the 1st quarter 2006 of Siam City Cement Public Company Limited reached THB 6248 million which was THB 569 million or 10.0 per cent higher than in the same period of 2005
Indocement reports higher net income
PT Indocement Tunggal Prakarsa Tbk posted a net income of Rp1429.9 billion in the first quarter ending at the end of March, it said in a statement. Indonesia’s second largest cement producer said the
Ciments Francais Q1 2006 net profit up
Ciments Francais SA posted a net profit of 60.9 mln euro for the first quarter of 2006, up by 67.5 per cent year-on-year. Operating profit surged by 103.5 per cent to 148.2 mln euro with a margin of
Sabanci plans to invest more
Sabanci Group plans to spend up to US$3bn in the next five years building new power stations and electricity distribution systems to help feed the country’s expanding economy. The company is al
Dyckerhoff narrows net loss, Germany
Dyckerhoff AG said Monday it narrowed its net loss in the first-quarter of 2006, aided by price increases as well as business growth in Eastern Europe.
Cement credit stable on sound cash flow, Japan
Moody’s Investors Service’s general outlook for the Japanese cement sector is stable, with sector companies enjoying steady cash flow and market positions, as well as continued capital str
CRH four month trading favourable
CRH said that overall trading in the first four months of the year has been favourable with in particular a strong start from operations in the Americas. The company said that the year has also starte
Italcementi Q1 EBITDA, sales boosted by Egypt ops, Italy prices
Italcementi SpA’s first quarter EBITDA and sales, due today, will be boosted by the inclusion of Egypt operations acquired last year, and higher Italian selling prices, analysts said. EBITDA pro
SCCC’s 1Q06 earnings unexciting, Thailand
Both Bank of Thailand and Siam Cement data show a deceleration in 1Q06’s cement demand. Siam City Cement (SCCC) is expected to follow the trend as well. Decelerated domestic cement demand should
India Cement sees further growth
India Cements has raised US$75m from the sale of five-year convertible bonds and the company is getting ready to report its first full-year profit since 2001.
Steppe Cement Limited - Director Appointment
Steppe Cement Limited confirms that Keith Robert Newman will join its board of directors effective from today as a non-executive. Mr Newman is 56 years of age and has a background as a professional en
O’Mahony to lead CRH for two more years
CRH chief executive Liam O’Mahony is to stay in his post for at least two more years, shareholders were told at the annual general meeting of the group yesterday.