Holcim Slovensko shows SKK187m pretax profit in 2006

Holcim Slovensko shows SKK187m pretax profit in 2006
18 April 2007

Holcim (Slovensko), a.s., Slovakia’s largest cement producer, reported sales of its products and services at SKK 3.847bn last year – an increase of seven per cent YoY.

The company made a pretax profit of SKK 187m in 2006, while it ended SKK169m in the red a year ago. “Extensive modernisation completed in 2004, in which  Holcim invested SKK2.2bn and clear customer-focused strategy brought about results,” stated the chairman of the  Holcim board of directors, Roland van Wijnen. He said that the building industry in Slovakia reported growth of 15 per cent last year. “Therefore, we moderately decreased our market share to be able to continuously supply our customers during this critical time in the high construction season,” said Mr. Wijnen.  
He added that  Holcim again expects a shortage of construction materials in the high construction season, since a modest winter and construction boom did not allow for the generation of extensive supplies.  Holcim continued investing in environmental protection last year. Last year, SKK 65m went to this field, while this year the company plans environmental investments of as much as SKK 182m. In 2006,  Holcim (Slovensko) sold almost 1.5Mt of gray and white cement. 
Published under Cement News