Cement Hranice records 10% sales rise in 2018

Czech Republic-based Cement Hranice (Buzzi Unicem group) saw its sales rise 10 per cent YoY in 2018 to CZK1.697bn (US$74.59m). Profit increased 15 per cent to CZK513m, compared with CZK443m of the previous year.

"A positive contribution to the increase in sales came mainly from the boom of construction in the Czech Republic and from higher supplies to Poland," said Roman Michalcik, board member.

The majority of its cement output was sold domestically, generating CZK1.229bn, while exports finished at CZK467m for the year.