Cement News tagged under: Carthage Cement

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Carthage Cement wins 350,000t clinker contract

14 December 2017, Published under Cement News

Tunisia’s Carthage Cement has been awarded the contract for the export of 350,000t of clinker to sub-Saharan Africa with delivery in 2018. The order will allow the cement company to enter the sub-Saharan market and further develop its exports.

Carthage Cement sees 11% fall in 3Q turnover

01 November 2017, Published under Cement News

Tunisia’s Carthage Cement saw its turnover fall by 11 per cent YoY to TND132.4m (US$53.1m) in 3Q17 from TND149m in 3Q16. The company’s domestic sales remained stable at TND95.437m, leading to a market share of 19 per cent. In terms of export sales, revenues fell by 77 per cent in the 12 months to 30 September with some sales to Libya. However, the company has not been able to recover in terms of exports to Algeria. In 9M17 the company has invested TND9m with total debts at TND516....

Carthage Cement reports 2% rise in 1H turnover

02 August 2017, Published under Cement News

Tunisia-based Carthage Cement increased its cement turnover by two per cent to TND68.022m in the first half of 2017. Domestic market share advanced from 18.55 per cent in June 2016 to 19.41 per cent in June 2017. However, blocked sales to Algeria negatively impacted the results. The company’s ready-mix concrete arm saw its sales slip by two per cent and output by one per cent. Debt improved from TND513m at the end of 2016 to TND507m on 30 June 2017.

Carthage Cement reports domestic sales up 8%

25 April 2017, Published under Cement News

Tunisia’s Carthage Cement has seen its domestic sales rise to TND33.97m (US$13.6m) in 1Q17, up eight per cent YoY. However, the import ban by Algeria has seen the company’s exports to the neighbouring country temporarily suspended, resulting in a 74 per cent drop in cement exports to TND2.2m. The company's overall sales at the end of March decreased by 13 per cent to TND46.3m compared to TND53.4m in the 1Q16. Carthage’s cement production fell by five per cent YoY while clinker product...

Tunisia: Carthage Cement reports positive 2016

03 February 2017, Published under Cement News

Tunisia's Carthage Cement saw its revenues increase seven per cent YoY from TND184.2m (US$80.7m) to TND197.4m in 2016. Domestic sales advanced 13 per cent from TND114.7m to TND126.4m. The company’s market share is estimated at around 19 per cent, up from 16.8 per cent in 2015. Exports reached TND22.175m with Carthage Cement accounting for a 17.8 per cent market share. Cement production rose by nine per cent when compared with 2015. However, the company’s ready-mix turnover saw its...

Tunisia: Carthage Cement increases domestic market share

19 October 2016, Published under Cement News

Carthage Cement's turnover for the first nine months ended 30 September 2016 grew 17 per cent, compared to the same period in 2015. It sold cement to the value of TND149m (US$66.2m) compared to TND125.5m (US$55.7m)  in Jan-Sep 2015. Product orders increased by 16 per cent. Local market sales reached TND95.12m, compared with TND78.5m in 2015, an increase of 21 per cent. Carthage Cement now has a 19 per cent market share, expanding from 15.47 per cent in 2015. Export sales fell by two p...

Tunisia: Carthage Cement turnover up 43% in 1Q16

12 April 2016, Published under Cement News

Tunisian cement producer Carthage Cement posted a 43 per cent rise in turnover to TND53.472m (US$26.78m)  in 1Q16 when compared with the equivalent quarter of 2015.  Sales were strong in both domestic and export markets. Tunisian deliveries reached TND31.366m, up 33.4 per cent YoY, and increased the company’s market share to just under 18 per cent (2015: 14 per cent). Exports rose by 51 per cent to TND8.605m, increasing its export market share from 12.4 per cent to 18.2 per cent in 1Q16. ...

Tunisia: Carthage Cement reduces debt

29 January 2016, Published under Cement News

The overall turnover of Carthage Cement, all activities included, posted a positive growth of +55, reaching TND56.774m (US$27,816m) in the last quarter of 2015 against TND36.639m in 2014. This allowed the company to close the year 2015 with a turnover of around TND184.271m against TND169.490m in 2014. The company’s overall indebtedness at 31 December  2015 decreased by -1% to TND512.8m.

Carthage Cement posts 19% rise in 3Q15 turnover

15 October 2015, Published under Cement News

Tunisia-based Carthage Cement increased its cement production by 52 per cent YoY in 3Q15. Cement turnover rose by 24 per cent during this period but clinker sales fell as the company did not sell clinker to avoid competition with its own product and promote the sales of cement, the finished product with high added value. This strategy allowed Carthage Cement to consolidate its domestic market share which climbed from 10.9 per cent in September 2014 to 16.7 per cent one year later. In the ...

Carthage Cement sees 2014 rise in sales but 1Q15 slips

15 July 2015, Published under Cement News

Carthage Cement experienced a positive start to 2014 although faced a more challenging market environment in the second half of the year, according to the company’s 2014 annual report. In 2014, Carthage Cement produced 1.346Mt of clinker and 1.022Mt of cement. While in the first five months, Tunisia’s cement market experienced growth, from June onwards, this decelerated and stalled. As a result, Carthage Cement increased its exports, including 216,819t to Algeria, and effectively positione...