Cement News tagged under: Europe

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Spotlight on CRH

25 August 2017, Published under Cement News

CRH reported 'satisfactory growth' in the first half of this year, with stabilising trends seen in key European markets and EBITDA growth in the Americas more than offsetting reduced activity in Asia due to a challenging market environment in the Philippines. First-half trading highlights for the international building materials group include sales of EUR13bn, two per cent ahead of 2016 and one per cent ahead on a like-for-like basis. EBITDA of EUR1.175bn were up by five per cent YoY and t...

Production in construction down 0.5 per cent in euro area

22 August 2017, Published under Cement News

In June 2017 compared with May 2017, seasonally-adjusted production in the construction sector decreased by 0.5 per cent in the euro area (EA19) and by 0.2 per cent in the EU28, according to first estimates by Eurostat, the statistical office of the European Union. In May 2017 output in construction fell by 0.2 per cent in the euro area and by 0.5 per cent in the EU 28. In June 2017, compared with June 2016, production in construction increased by 3.4 per cent in the euro area and by 3.6 ...

FLSmidth reports 11% rise in revenue

10 August 2017, Published under Cement News

FLSmidth reported an 11 per cent rise in revenue and a 25 per cent increase in EBITA in the 2Q17, driven by continued momentum in in orders from service activities. Consolidated order intake grew by five per cent in the three month period while revenue rose to DKK4585m from DKK4135m a year earlier. The growth was attributable to all divisions but Minerals, as mining capital investments remained soft despite a firmer sentiment and an improved order pipeline, the company said in a statement....

Italian producers to appeal watchdog decision

08 August 2017, Published under Cement News

Buzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe launched in November 2015 into the existence of alleged anti-competitive practices in the domestic market. The authority's decision states that Buzzi Unicem participated in an agreement concerning the alleged co-ordination of manufacturers regarding simultaneous price increases as well as an exchange of information within the industry association AITEC and, in general, the adopti...

Buzzi Unicem’s profit boosted by lower interest costs

04 August 2017, Published under Cement News

Buzzi Unicem's first half turnover improved by 7.3 per cent to EUR1353.8m and EBITDA advanced by 8.4 per cent to EUR241.1m. Group cement deliveries improved by 2.3 per cent to 12.5Mt, while ready-mixed concrete deliveries rose by six per cent to 5.9Mm³. The depreciation and impairment charges advanced by 16.1 per cent to EUR108.6m and the first half trading profit was ahead by 2.8 per cent to EUR132.5m. The interest charge dropped by 66.3 per cent to EUR12.3m and the pre-tax profit rose by...

Vicat suffers from currency weakness in several countries

04 August 2017, Published under Cement News

Vicat's first half turnover edged ahead by 0.8 per cent to EUR1248m, or by 0.9 per cent on a comparative basis, but the EBITDA declined by 8.7 per cent to EUR188m and the margin declined from 16.7 per cent to 15.1 per cent. The trading profit came off by 16.2 per cent to EUR86m, while the net interest charge was 29.9 per cent lower at EUR12.9m, giving a attributable profit 17 per cent lower at EUR40m.  Net debt at the end of the period amounted to EUR1006m, a five per cent reduction, and th...

Collaboration with Ecotec Solution fuels Italian expansion for UNTHA

01 August 2017, Published under Cement News

Industrial shredder manufacturer UNTHA has witnessed significant growth in Italy following a collaboration with one of the country’s leading environmental technology specialists, Ecotec Solution. The UK waste processing firm supplies systems that turn clients’ residual materials into valuable resources. In the last 12 months alone, Ecotec Solution has secured six high-value projects for the Austrian shredding giants. These include three XR mobil-e sales for waste to energy facilities – ...

Production in construction down by 0.7% in euro area

26 July 2017, Published under Cement News

In May 2017 compared with April 2017, seasonally-adjusted production in the construction sector decreased by 0.7 per cent in the euro area (EA19) and by 1.1 per cent in the EU28, according to the first estimates from Eurostat, the statistical office of the  European Union. In April 2017 production in construction grew by 0.3 per cent in the euro area and by 0.2 per cent in the EU28. In May 2017 compared with May 2016, production in construction increased by 2.6 per cent in the euro area an...

Positive trends in European construction recovery

14 July 2017, Published under Cement News

The recovery in European construction activity appears to be making progress with improvements being seen in the housing segment in some key markets, while civil engineering activity is expected to pick up going forward. Eurostat's construction index shows that the downturn in activity for construction within the EU-28 brought on by the global financial crisis lasted longer than for the industry sector. Despite occasional short-lived periods of growth, the index of production for construct...

Production in construction up 0.3% in euro area

28 June 2017, Published under Cement News

In April 2017 compared with March 2017, seasonally-adjusted production in the construction sector increased by 0.3 per cent in the euro area (EA19) and remained stable in the EU28, according to the first estimates from Eurostat, the statistical office of the European Union. In March 2017 production in construction fell by 1.1 per cent in the euro area and by 0.5 per cent in the EU28. In April 2017 compared with April 2016, production in construction increased by 3.2 per cent in the euro ar...