Cement News tagged under: Ceskomoravsky Cement

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Czech cement market can ride the construction wave

23 August 2019, Published under Cement News

This week Cemex reported that its cement sales in the Czech Republic had increased by 70 per cent and yet it had still made a net loss of US$13.18m in 2018. Cemex's 2018 results were impacted by the merger of Cemex Group companies and Cemex Development Sro in May 2018. The company points to insufficient capacities and tensions in the labour market as potential hiccups down the line. Cemex is the second-largest player in this market with an integrated 1.2Mta cement plant as well as a 0.3...

Ceskomoravsky full-year profit hit by low domestic consumption levels

28 August 2014, Published under Cement News

Ceskomoravsky Cement, the leading cement producer in the Czech Republic, posted a profit of CZK586m (EUR21.122m) last year, continuing a decline that began in 2009. The wholly-owned HeidelbergCement group company saw sales revenue down by CZK100m to CZK2.68bn, Ceskomoravsky Cement said in its annual report. The decline is attributed to falling domestic consumption which last year was down by six per cent to a record low of 3.2Mt. "The continuing impacts of the economic crisis and abs...