Cement News tagged under: Cementos Molins
Cementos Molins posts revenues of EUR705m in 1Q2327 July 2023, Published under Cement NewsCementos Molins has announced its financial results for the 1Q23. Revenues reached EUR705m, up 16 per cent compared to the 1Q22. The company has also improved sales across all businesses and regions, driven by both volume and selling prices. On a LfL basis, revenues rose by 30 per cent. EBITDA reached EUR179m, a 36 per cent increase compared to the same period of 2022. This improvement is primarily due to the positive impact generated by higher volumes, as well as the company’s efficien... |
Cementos Avellaneda starts Olavarría wind farm09 May 2023, Published under Cement NewsCementos Avellaneda ( Cementos Molins group ) has announced that it has starting the PECASA wind farm project together with YPF LUZ. This wind farm will supply sustainable energy to the Olavarría cement plant, contributing to a cleaner and greener future. This is an important step in the cement producer’s mission to promote renewable energy and sustainable development, which adds to the development of the solar park at the San Luis cement plant. Together with YPF Luz, Cemento... |
Cementos Molins reports 25% YoY revenue growth in 1Q2304 May 2023, Published under Cement NewsCementos Molins has reported revenue of EUR342m in the first quarter of 2023, up 25 per cent YoY. According to the company, sales have improved across all businesses and regions, driven by both volume and selling prices. On a like-for-like basis, revenue improved by 38 per cent. EBITDA over the same period advanced by 47 per cent YoY to EUR86m, with a strong contribution from Spain and Mexico. Like-for-like EBITDA increased by 64 per cent. Net profit in the 1Q23 came in at EUR37m, marki... |
Cementos Molins acquires Tecnoresil11 April 2023, Published under Cement NewsCementos Molins has acquired 100 per cent of Tecnoresil, a company that manufactures and distributes chemical products for industrial and decorative flooring, through its construction solutions subsidiary Propamsa. With this acquisition, Cementos Molins strengthens its strategy of expanding its range of construction solutions. With the acquisition of Tecnoresil, a company with over two decades of experience in the sector, Cementos Molins has expanded its range of continuous flooring sol... |
Cementos Molins posts revenues of EUR1268m in 202228 February 2023, Published under Cement NewsCementos Molins closed 2022 with revenues amounting to EUR1268m, up 31 per cent compared to previous year, driven by sales increase across all businesses and the significant contribution of acquisitions completed last year. On a LfL basis, revenues increased by 18 per cent. EBITDA reached EUR276m, 14 per cent higher than previous year, due to the performance of South American and Asian businesses and the contribution by the acquisitions. High negative impact of inflation on costs has be... |
Cementos Molins' revenue up 37% YoY in 9M2228 October 2022, Published under Cement NewsCementos Molins has reported revenue of EUR959m in the opening nine months of 2022, up 37 per cent on the same period a year earlier. According to the company, the increase is attributed to higher sales across all businesses and the significant contribution from acquisitions completed in 2021. On a like-for-like basis, revenue advanced by 14 per cent. EBITDA over the same period improved by 11 per cent to EUR208m, on the back of strong performances by the company’s South American and A... |
LafargeHolcim Bangladesh reports 9% sales growth in 9M2221 October 2022, Published under Cement NewsLafargeHolcim Bangladesh (LHBL), a joint venture between Holcim Group and Cementos Molins, has reported positive trends in net profit, net sales, operating profit and earnings per share during the first nine months of 2022, despite an unprecedented increase in raw material costs. The company saw a seven per cent rise in net profit during the 9M22 to BDT3.308bn (US$32.4m), compared to BDT3.089bn in the same period a year earlier. Net sales grew nine per cent to BDT16.987bn from BDT15.656... |
Cementos Molins introduces waste raw materials to production line22 September 2022, Published under Cement NewsCementos Molins has invested in a new dispenser for one of its raw mills that allows the use of 95,000tpa of alternative raw materials with an equivalent saving of materials from quarries. Thanks to the new alternative raw materials manufactured by sister company Promsa, Cementos Molins can take advantage of non-hazardous waste from other industrial activities while reduce its consumption of natural resources in the manufacture of cement. The Spanish cement producer did not detail at whi... |
Cementos Molins reports on 35% rise in revenue in 1H2228 July 2022, Published under Cement NewsCementos Molins has reported revenue of EUR608m in the first half of 2022, up 35 per cent on the same period a year earlier, driven by higher activity in South America and acquisitions in 2021. On a like-for-like basis of currencies and consolidation scope, revenue advanced by 12 per cent. EBITDA in the 1H22 reached EUR132m, marking a six per cent advance on the 1H21, mainly due to the improvement of business outside Europe, the contribution from acquisitions, and the positive exchange ra... |
Cementos Molins to implement an energy management system23 May 2022, Published under Cement NewsCementos Molins Indusrials’ strategy in favours sustainability and the fight against climate change has recently entered a new stage with the decision to implement an Energy Management System (SGEn), according to the requirements and guidelines established in the UNE-EN standard. ISO50001:2018. The decision, a direct consequence of the energy policy that the company has just approved, aims to be more efficient in the use and consumption of energy at the Sant Vicenç dels Horts cemen... |