Cement News tagged under: Buzzi Unicem

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Buzzi Unicem is advancing in Russia and in the USA

13 May 2013, Published under Cement News

Buzzi Unicem's first-quarter turnover declined by 10.5 per cent to €503.14m and the EBITDA dropped by 51 per cent to €11.75m but advances were seen in Russia and the USA. The loss at the trading level was 29.7 per cent higher at €42.03m. Net financial charges declined by 7.3 per cent to €25.83m to give a seasonal pre-tax loss 7.1 per cent higher at €68.82m. Net debt at the end of March was 9.1 per cent higher at €1227m, giving a gearing level of 50.4 per cent compared with 47.1 per cent a...

Dyckerhoff sees advances in Russia, USA volumes stable

03 May 2013, Published under Cement News

Dyckerhoff Group, a Buzzi Unicem subsidiary, reported a decline in sales for the first three months to the end of March 2013 due to unfavourable weather conditions. In an advanced statement, the group said that total sales were down by 11 per cent. Sales were down in all regions in which the group operates except for Russia where volumes increased, and the USA where they remained almost stable. Group EBITDA fell by a total of EUR9m, of which EUR2m was due to a one-time negative effect. Th...

Buzzi Unicem net profit down on declines in Central Europe, Italy

01 April 2013, Published under Cement News

Buzzi Unicem said on Thursday it posted an attributable net loss of EUR28.5m in 2012 compared with a profit of EUR27m in 2011, due to declines in Central Europe and a major slowdown of building activity in its domestic market of Italy. Improvements were, however, seen in the United States, Russia and Mexico. On a turnover that edged ahead by 0.9 per cent to EUR2813.4m, Buzzi Unicem's EBITDA improved by 4.8 per cent to EUR455.1m and the trading profit (EBIT) was ahead by 3.3 per cent to EU...

Dyckerhoff net profit down on European markets

18 March 2013, Published under Cement News

Buzzi Unicem's subsidiary Dyckerhoff has confirmed that net profit in 2012 fell as declines in Europe could not be offset by volume increases in Russia and the USA. The German-based cement major said in a release on Friday that net attributable profit for the year fell 59.2 per cent from the year before to EUR26.9m. Group EBITDA of fiscal year 2012 amounted to EUR 284.2m including one-time one-time effects of EUR4.8m mainly from the sale of a real estate property in Memphis, US. Positive on...

Buzzi Unicem: Russia and America perform well

11 February 2013, Published under Cement News

Buzzi Unicem turnover edged ahead by 0.9 per cent last year to €2813m, of which Dyckerhoff contributed an almost unchanged €1603m. The underlying EBITDA, which will be announced on 28 March, is estimated to be around €450m. Net debt at the end of December had been reduced by 1.6 per cent to €1125m. Group cement deliveries declined by 3.4 per cent last year to 27.3Mt, but they were ahead in the Russia, the USA and Mexico. Ready-mixed concrete deliveries were down 9.5 per cent to 13.6Mm³ in sp...

Deutsche Bank more positive on European building sector in 2013

20 December 2012, Published under Cement News

Deutsche Bank expects cement stocks to be among the front runners in any cyclical recovery in 2013 and recommends "buying" HeidelbergCement, Buzzi Unicem and Lafarge as its top picks within the sector, according to reports by Bloomberg. The bank takes a more positive view on the European building materials sector saying it should benefit from a return to 3.5 per cent  global GDP growth while there could well be a growth surprise in the euro area. "Into 2013 we believe the significant lever...

Buzzi Unicem's turnover edges ahead and profit advances

09 November 2012, Published under Cement News

Buzzi Unicem's turnover for the first nine months was up by 1.7 per cent to €2,146.3m and the EBITDA increased by 11.7 per cent to €368.7m. The trading profit rose by 29.6 per cent to €198.9m and net financial charges increased by 25.1 per cent to €85.3m. After an 89.3 per cent higher contribution from associates, the pre-tax profit rose by 33.5 per cent to €116.8m. With charges for tax and for minorities increasing more slowly than the pre-tax profit, the net attributable profit jumped by ...

Buzzi Unicem expected to revise 2012 EBITDA guidance

23 October 2012, Published under Cement News

Brokerage Equita expects Italian cement maker Buzzi Unicem to report a 21 per cent rise in EBTIDA for the first nine months of 2012 to EUR177m. The third-quarter EBITDA will push the management to revise up its 2012 EBITDA target from the current EUR430m to at least the consensus estimate of EUR 455m, Equita said. The broker expects Buzzi Unicem to report sales of EUR828m for the third quarter, up eight per cent YoY. Equita sees the cement maker to have confirmed in the third quart...

USA: Buzzi Unicem trials use of hazardous waste fuel at Cape Girardeau plant

23 August 2012, Published under Cement News

A series of trials is underway at Buzzi Unicem’s Cape Girardeau cement facility in an effort to use more hazardous waste as fuel. The company invested US$1m in the project, aimed at cutting its operating expenses by replacing more of its coal with alternative fuels. For about 20 years, the company, formerly known as Lonestar Industries, has used hazardous waste as fuel to heat its kiln. In June, its hazardous waste permit was modified by the Environmental Protection Agency and the Missour...

Buzzi Unicem improves profit at lower volumes

06 August 2012, Published under Cement News

Buzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining its overall forecast of broadly unchanged numbers overall, but the expected geographical mix has changed. The first half trading profit increased by 34.4 per cent to €84.0m and the interest charge jumped by 35.3 per cent to €62.2m, giving a pre-tax profit still 36.3 per cent higher at €22m. After a tax charge 8.3 pe...