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Vicat sees improvement over nine months of 2010

Vicat’s turnover for the first nine months of the year improved by 5.9% to EUR1528m, which represents an underlying advance of just 0.5%.  The gearing level increased from 35.9% a year earlier to ...
News - 04 November 2010

Lafarge

In the first nine months of the year, Lafarge's turnover was off by 0.3% to €12,210m and the EBITDA came down by 1.5% to €2,790m. The trading profit declined by 3.6% to €1,911m and net financial ch...
Corporate - 02 November 2010

Markets remain fairly stable in late October

Markets were noted to be holding fairly steady in late October with the the Baltic Dry Index closing on Friday the 29th of October 2010 at 2678 points, with some small gains in the Panamax sectors...
News - 30 October 2010

Strong growth in Pakistan construction investment - report



The Pakistan government said that Foreign Direct Investments (FDI) in the construction sector have been impressive over the last five years (2006-10).  In FY10 alone, foreign investment PKR8bn (...
News - 28 October 2010

Sephaku Cement opts for efficiency, South Africa

Sephaku Cement, which will commission two cement plants in South Africa with a total a capacity of 2.2Mta by 2012, believes its plants will be between 15 per cent and 20 per cent more efficient th...
News - 28 October 2010

Cemex nine month turnover down

In the first nine months of 2010, Cemex’ turnover declined by 4.6 per cent to US$10,576.7m while the EBITDA was off by 15.9 per cent to US$1829.1m. At the trading level, the profit reduction was 3...
News - 27 October 2010

Dangote takes majority shareholding in Sephaku Cement

Nigerian conglomerate Dangote on Monday officially upped its stake in South Africa’s Sephaku Cement to 64%. Sephaku plans to bring an additional 2.2Mta of cement to the South African market by 20...
News - 26 October 2010

Dangote post record growth ahead of Nigerian listing

Nigeria’s Dangote Cement Plc posted a turnover of NGN146.56bn (US$965m) and a profit of NGN76.93bn for the third quarter ended 30 September 2010.

The Lagos-based company’s unaudited results for t...
News - 23 October 2010

South Africa’s PPC earnings seen 20-30 per cent higher

Pretoria Portland Cement (PPC) said on Tuesday that its headline earnings per share for the year ended September 2010 are expected to be between 20 and 30 per cent higher compared to the previous ...
News - 20 October 2010

AfriSam Eyes Ohorongo, Nambia

In a bid to muffle competition, South-Africa based AfriSam wants to have exclusive rights to the marketing, distribution and selling of all cement produced by Ohorongo Cement - Namibia’s first pos...
News - 13 October 2010