Cement News tagged under: Compagnie des Ciments Belges

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Cementir boosted by full-year results from Belgium

15 February 2018, Published under Cement News

Cementir Holding's turnover in 2017 increased by 25.3 per cent to EUR1287.5m and EBITDA was ahead by 11.5 per cent to 220.5m. As regards the continuing business, the turnover advanced by10.9 per cent to EUR1140.0m and EBITDA emerged 13.3 per cent ahead at EUR224.2m, while the trading profit showed a 50 per cent advance to EUR142m. Net debt at the end of 2017 was 4.6 per cent lower at EUR536.6m, while capital investment in the year increased by 33.9 per cent to EUR92m. Since the year end, ...

Cementir's preliminary 2016 results total EUR1027.6m

14 February 2017, Published under Cement News

Cementir's Board of Directors reported its preliminary consolidated results for 2016, which saw group sales and services reach EUR1027.6m, up compared to EUR969m in 2015. This includes the change in the scope of consolidation relating to the acquisition of Sacci and Compagnie des Ciments Belges (CCB), which contributed an additional EUR60.5m. Specifically, the revenues of Cementir Sacci, included as of 29 July 2016, amounted to EUR 21.8m, while the revenues of the CCB group, included as o...

HeidelbergCement completes Belgian assets' sale to Aalborg Portland Holding

26 October 2016, Published under Cement News

HeidelbergCement has completed the sale of operations in Belgium, primarily consisting of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges SA (CCB) to Aalborg Portland Holding SA (Cementir Group). "With the disposal of the Belgium assets we fulfill the obligation of the European Commission and improve the net financial position of HeidelbergCement after the acquisition of Italcementi," said Dr Bernd Scheifele, CEO of HeidelbergCement. HeidelbergCement and Cementir Holding ...


02 August 2016, Published under Cement News

Italcementi’s subsidiary Ciments Français has agreed to the sale of its subsidiary Compagnie des Ciments Belges (CCB) and its subsidiaries to the Cementir subsidiary Aalborg Portland Holding for EUR312m. CCB has a cement works at Gaurin in the province of Tournai. Last year’s production amounted to 1.8Mt of cement, 4.8Mt of aggregates and 0.8Mm³ of ready-mixed concrete, generating a turnover of EUR180m. Italcementi's first-half turnover declined by 2.1 per cent to EUR2122.6m and running E...