Cement News tagged under: Botswana

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PPC's first-half revenue lifted by higher Zimbabwe, Botswana and Rwanda volumes

19 May 2015, Published under Cement News

PPC’s group cement sales volumes rose by five per cent above last year's figure, with strong demand growth in its African businesses offsetting lower demand in the core South African business. PPC’s revenue increased by nine per cent to ZAR4541m (2014: ZAR4157m) for the half year ended March 2015, on the back of increased volumes in Zimbabwe, Botswana and Rwanda, as well as the consolidation of sales from Safika Cement and Pronto Readymix. Cement selling prices declined in South Afric...

PPC cautions on half-year earnings

27 January 2015, Published under Cement News

South Africa's biggest cement maker, PPC, advised yesterday that its earnings in the six months to the end of March 2015 may fall by as much as 45 per cent partly due to rising finance costs. The company said in a trading statement released yesterday that it headline earnings per share for the six for the first half of the fiscal year is expected to be between 25 and 45 per cent lower than the comparative period of the previous year.  “Notwithstanding a weaker trading environment, the mai...


27 May 2014, Published under Cement News

PPC has reported a two per cent rise in cement sales for the six months ending March 2014. Revenue came in at ZAR4.16bn (US$0.4bn), an increase of nine per cent on the same period last year. EBITDA was also up by five per cent to ZAR1.17bn, while operating profit jumped 15 per cent to ZAR1.36bn. The cement market now accounts for 86 per cent of the company's total revenue, compared to 10 per cent for lime and four per cent for aggregates. Much of the growth has come from increased export sal...


02 December 2013, Published under Cement News

Despite rising electricity prices and depreciation pushing up input costs, South Africa’s PPC has posted an eight per cent rise in EBITDA to ZAR2500m (US$244m) for the year ending September 2013. Revenue growth increased by 13 per cent rise to ZAR8320m (US$811) for the period, while gross profit was up nine per cent at ZAR2700m (US$263m). Strong growth in South Africa and Zimbabwe bumped total cement sales for the period up by seven per cent. Cement now accounts for 86 per cent of the com...

Zambia watchdog to examine pricing factors

06 November 2013, Published under Cement News

Zambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public relations officer Hanford Chaaba said in an interview with the Times of Zambia that the study being conducted with the support of the African Competition Forum (ACF) to determine the causes of cement prices rises in South Africa, Botswana, Tanzania and Zambia. “We have been monitoring this situation concerning price cha...

PPC first-half sales rise eight per cent, South Africa

17 May 2012, Published under Cement News

Pretoria Portland Cement, South Africa’s largest cement producer, reported an eight per cent rise in first-half profit (ending March 2012) and forecasts rises in regional demand. Net income rose to ZAR369m (US$45m) in the six months through March, from ZAR343m a year earlier. Cement sales volumes declined 3% for the period under review, mainly as a result of weak demand in the Western Cape and Botswana markets. However, group revenue increased by 8% to ZAR3.529bn as a result of favourabl...