Cement News tagged under: Germany
HeidelbergCement volumes boosted by North America, UK and new capacities10 February 2015, Published under Cement NewsPreliminary full-year results from HeidelbergCement show improvements in sales volumes, revenue and operating income despite negative exchange rate effects, leading the company to describe 2014 as the most ‘successful year since the financial crisis.’ Despite significant exchange rate effects, the group’s revenue increased by four per cent to EUR12.6bn (+8 per cent on a like-for-like basis) and operating income improved to EUR1.6bn (+13 per cent L-F-L) supported by mild winter weather in E... |
Lafarge02 February 2015, Published under Cement NewsLafarge is negotiating with CRH to sell of its assets in Germany and certain assets in the United Kingdom, the Philippines, Brazil and Réunion. |
Holcim02 February 2015, Published under Cement NewsHolcim completed the purchase of Cemex’ cement and aggregates assets in western Germany along with 59 batching plants in Germany and a further six in The Netherlands, while disposing of its activities in the Czech Republic and two of its Spanish cement works. Holcim is negotiating to sell most of its assets in France and all of its assets in Slovakia, Hungary, Serbia and Canada as well as certain assets in Brazil and the Trident cement works in Montana and certain terminals in the Great L... |
KHD appoints Daniel Uttelbach to the Management Board19 December 2014, Published under Cement NewsDaniel Uttelbach has been appointed to the Management Board of KHD Humboldt Wedag International AG effective 1 January 2015. As executive vice president he will be in charge of Sales & Technology for the Group. Prior to his appointment to the Management Board, Mr Uttelbach worked as Vice President Sales & Technology. Previously, he was Vice President Account Management and has thus been leading KHD’s global sales activities for the last several years. "His excellent understanding of the g... |
HeidelbergCement shows strong growth in Great Britain06 November 2014, Published under Cement NewsHeidelbergCement's turnover improved by 2.7 per cent to €10,127m in the first nine months of the 2014 and the EBITDA was 5.7 per cent ahead at €1794m. At the trading level, the profit increased by 10.9 per cent to €1241m and after a net interest charge 12.1 per cent higher at €463m, an associates contribution 14 per cent lower at €17m and a lower net exceptional items contribution, the pre-tax profit declined by 15.3 per cent to €803m, giving a the net attributable profit 33.5 per cent down ... |
HeidelbergCement recognised as 'best improver'17 October 2014, Published under Cement NewsHeidelbergCement has been honoured as the 'best improver' in disclosure of environmental information among the 350 largest-listed companies in the Germany-Austria-Swittzerland (DACH) region by the Carbon Disclosure Project (CDP). HeidelbergCement now ranks among the top five companies in the energy and materials sector. The company received the accolade during the CDP Leadership Award Conference & Ceremony, held in Munich yesterday. Accepting the award, Rob van der Meer, public affairs di... |
KHD sees slight rise in 1H revenue28 August 2014, Published under Cement NewsGerman equipment and cement industry services specialists KHD Humboldt Wedag reported a slight increase in first-half revenue compared to the same period of last year but saw a low order intake due to poor market conditions. In a statement released today, the company said its performance in the first six months to the end of June 2014 “continued to be affected by weak market conditions and unsatisfactory margin quality in the order backlog.” Positive earnings contribution from the Parts &... |
KHD replaces existing bonding line facility with 'long-term solution'26 August 2014, Published under Cement NewsKHD Humboldt Wedag International AG (KHD) has replaced its existing bonding line facility with a new "long-term solution", the German equipment specialists said in a statement released yesterday. KHD has cancelled its existing bonding line facility with a consortium of banks, which had issued bank guarantees of over EUR80.3m as per 31 December 2013. It has replaced this facility with two bilateral bonding line agreements with Deutsche Bank AG (EUR40m) and the Raiffeisen Bank International ... |
Fitch affirms HeidelbergCement’s ratings07 August 2014, Published under Cement NewsFitch Ratings has affirmed HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is 'Stable'. The agency has also affirmed the senior unsecured rating of debt issued by HC's related entities, HeidelbergCement Finance BV, HeidelbergCement Finance Luxembourg SA and Hanson Ltd at 'BB+'. “The affirmation reflects HC's investment grade business profile as the world leader in aggregates and a top three cement producer. Th... |
KHD adjusts 2014 forecast, Germany05 August 2014, Published under Cement NewsKHD Humboldt Wedag has adjusted its forecast for the 2014 financial year as its Capex segment has been strongly affected by “risks arising from the current economic and political developments,” according to a statement by the German equipment supplier. In connection with the crisis in the Ukraine and the resulting uncertainties, KHD highlighted that a large order in Russia will “most likely no longer be considered as order intake for the current year.” This order was announced in April 2014... |