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Greek cement firm Heracles’ H1 profit dropsGreek cement maker Heracles , majority owned by France’s Lafarge , reported on Thursday a 30.9 per cent drop in its first-half pretax profit to 28.4 million euros. "Favourable weather and demand c...News - 30 September 2005 |
Lafarge’s management changesWas the replacement of Bernard Kasriel as chief executive of Lafarge from next January (when he will be only 59 years of age) by Bruno Lafont, brought forward as a result of the investment communi...News - 29 September 2005 |
Lafarge names Bruno Lafont as new CEOLafarge said on Tuesday that Bruno Lafont, currently group chief operating officer, would become its new chief executive from January 1. Lafont, who has spent all his career at Lafarge, will repl...News - 27 September 2005 |
Lafarge CEO sees further cement recovery, improved margins vs energy costsLafarge CEO Bernard Kasriel predicted the modest recovery in cement and granulate volumes seen in the second quarter will persist through the second half, and indicated that margins vis-a-vis ener...News - 22 September 2005 |
UK Blue Circle Sets Up Subsidiary in ArgentinaBritish cement group Blue Circle, a subsidiary of Lafarge, has set up a subsidiary in Argentina. The subsidiary will specialise in the retail and distribution of primary materials and construc...News - 16 September 2005 |
Lafarge warns unclear rules stifle business in VenezuelaVenezuela’s constantly changing rules, stringent price controls and government inefficiency are making it extremely hard to do business there, officials at Lafarge warn. "The rules here chang...News - 15 September 2005 |
Lafarge hit by lower cement prices in Brazil, Malaysia and KoreaOn the previously announced 6.3% increase in turnover 5.7% to €7,220m for the first half, Lafarge’s EBITDA for the period fell by 3.7% to €1,291m. The trading profit declined by 7.3%, or by 9.3% ...News - 09 September 2005 |
Lafarge 1H net profit downLafarge said its first-half net profit fell by 18% to EUR359m on difficult market conditions in Brazil, Malaysia, Germany and South Korea. The company said current operating income declined b...News - 08 September 2005 |
Boral attractive, but near-term bid talk seen overdoneA run of takeovers among global building products groups could deter any near-term bid for Australia’s Boral Ltd, despite a sharp price spike on takeover speculation, fund managers and analysts sa...News - 08 September 2005 |
Cement plant expansion anticipates change in SAThe massive expansion on the cards for SA’s cement industry may appear a little ambitious, especially as cement sales growth rates are expected to taper off from this year. PPC and Lafarge said re...News - 08 September 2005 |