Cementir hit by hard Nordic winter
Cementir's first-quarter turnover eased by 0.3 per cent to €194.7m and the EBITDA declined by 26.9 per cent to €9.2m as the cement major was hit by a hard Nordic winter weather.
Italy
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Buzzi Unicem net profit down on declines in Central Europe, Italy
Buzzi Unicem said on Thursday it posted an attributable net loss of EUR28.5m in 2012 compared with a profit of EUR27m in 2011, due to declines in Central Europe and a major slow...
Cementir boosts white cement volumes in China and Malaysia
Cementir Holding increased turnover in 2012 by 6.4 per cent to €976.2m and the EBITDA was ahead by 11.2 per cent to €138.1m as the margin improved from 13.3 per cent to 14.1 per...
Italcementi incurs substantial trading losses in Italy and Spain
Italcementi has reported a 2012 trading loss compared to a profit in 2011 as the Italian cement major incurs substantial losses in its domestic market and Spain. Italian prices,...
Italcementi launches five-year bond, Italy
Italcementi, the fifth-largest cement producer in the world, has launched a five-year bond of EUR350m at an issue price of EUR99.477 and a coupon of 6.125 per cent, according to...
Italcementi: European decline largely offset by Asian improvement
Italcementi's group cement shipments in 2012 saw a decline of 6.6 per cent to 45.9Mt with cement volumes being down in Europe and in the Middle East, but improving elsewhere.
Cementir improves profits in spite of lower volumes
Cementir Holding saw turnover advance by 4.6 per cent to €976.2m, helped by better prices, and the EBITDA improved by 11.1 per cent to €138.0m. Net debt at the end of 2012 was 4...
Euro area construction output down 0.4 per cent in November
Construction output in the 17-nation euro area decreased 0.4 per cent in November according to first estimates released by Eurostat. In Germany, Europe’s largest economy, Novemb...
Italcementi announces restructuring plan, Italy
Italy’s leading cement producer Italcementi has approved a 2013-14 reorganisation of its domestic operations to cut annual costs by EUR40m (US$52.2m). The plan, named “Project 2...
Italcementi awards Rezzato cement upgrade to KHD
The Italcementi Group recently awarded KHD a contract to upgrade and redevelop its Brescia Rezzato plant in Italy. The upgraded plant, situated the in environmentally sensitive ...