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LafargeHolcimLafargeHolcim's first-quarter turnover amounted to CHF6062m (EUR5997m). The Asia Pacific region generated 40 per cent of group turnover, while Europe represented 14.2 per cent and North America 10...Corporate - 02 June 2016 |
CimporCimpor has reported a first-quarter turnover 28.7 per cent lower at EUR454.1m and EBITDA fell by 35.1 per cent to EUR80.1m. The trading profit (EBIT) dropped by 51.9 per cent to EUR35.6m. The net ...Corporate - 02 June 2016 |
Falling profits in South America, Egypt and Portugal hit Cimpor resultsCimpor has reported a first-quarter turnover 28.7 per cent lower at EUR454.1m and EBITDA fell by 35.1 per cent to EUR80.1m. The trading profit (EBIT) dropped by 51.9 per cent to EUR35.6m. The net ...News - 01 June 2016 |
South Africa: PPC shares dropPPC Ltd shares plunged after it said talks with a credit ratings agency will probably lead to a downgrade. The company is preparing a capital raising of ZAR4bn (US$254m) to be used to reduce debt ...News - 24 May 2016 |
Lafarge Africa appoints new group managing directorLafarge Africa Plc has announced the appointment of Michel Puchercos as its new group managing director/CEO. A French national, Mr Puchercos has worked in South Korea, Kenya, Uganda, Tanzania a...News - 23 May 2016 |
Zimbabwe: Sino Zimbabwe sales declineSales for Sino Zimbabwe Cement Company (SZCC) have declined by 15 per cent in the first quarter, in comparison with the same period last year. A further decline in sales this quarter has been proj...News - 16 May 2016 |
Zimbabwe: firms face closureDue to an influx of cheap imported products in Zimbabwe, local cement producers have warned of a possible scaling down of operations and closures, saying protectionist measures are needed to save...News - 13 May 2016 |
PPCAccording to PPC, cement consumption in South Africa reached 13Mt in 2015, up 7.7 per cent on the previous year. The growth is attributed to strong demand from the construction sector, particularl...Corporate - 29 April 2016 |
Vicat sees 1Q16 revenues reach EUR554mIn their quarterly statement for 1Q16, Vicat announced that turnover improved by 3.3 per cent YoY to EUR554m (US$629m), which represents an underlying advance of 6.5 per cent. Cement turnover was ...News - 28 April 2016 |
Dangote: 1Q2016 profits down 22% as volumes rise 70%Dangote Cement has released its results for the year to March 31 2016. During this period volume sales grew 69.6 per cent to 6.4Mt, while profits slipped from NGN70bn (US$352m) to NGN55bn (US$276m...News - 26 April 2016 |