Cement News tagged under: Results
Vicem Hoang Mai Cement seeks to raise 2013 pretax target, Vietnam05 March 2013, Published under Cement NewsVicem Hoang Mai Cement JSC is seeking approval from its parent company Vietnam Cement Industry Corporation (Vicem) to revise its 2013 pretax target upwards by 4.65 per cent. The company hopes to raise its target to VND90bn (US$4.29m) from the initial VND86bn, its chief accountant, Tran Minh Son, told the Dau Tu Chung Khoan newspaper. Last year Hoang Mai Cement achieved a net profit of VND112.72bn (US$5.39m) on revenue of VND1.53trn last year, down 13 and up 8.07 per cent, respectively. |
Holcim04 March 2013, Published under Cement NewsHolcim's turnover increased by 3.9 per cent in 2012 to CHF21,544m, while in euro terms the increase was 6.4 per cent to EUR17,867m but in US$ terms there was a 1.3 per cent decline. The operating EBITDA improved by 6.2 per cent to CHF4223m (EUR3502m) before restructuring costs, post which the advance was a mere 0.7 per cent to CHF3984m (EUR3304m). The trading profit fell by 6.2 per cent to CHF1816m (EUR1,506m), though before exceptional items it was ahead by 10.6 per cent to CHF2552m (EUR2,1... |
Lafarge04 March 2013, Published under Cement NewsLafarge's turnover increased by 3.5 per cent in 2012 to EUR15,816m and the EBITDA improved by 7.2 per cent to EUR3450m. The trading profit showed a 12 per cent recovery EUR2440m and net financial charges increased by a further 3.2 per cent to EUR1031m, following the 40.3 per cent jump in the previous year. Other net charges, notably a further EUR200m reduction in the value of assets in Greece, totalled EUR488m, a decline of 3.2 per cent, giving a pre-tax profit of EUR921m, a 36.2 per cent re... |
Cemex04 March 2013, Published under Cement NewsCemex' turnover eased by 1.5 per cent in 2012 to US$14,983.8m, but the EBITDA did improve by 10.2 per cent to US$2614.7m and the trading profit advanced by 35.3 per cent to US$1308m, having recovered by 12.2 per cent in the previous year from its low point. The net interest charge continued to rise and was ahead by five per cent to US$1420.4m, but 'other' items turned positive, giving a pre-tax loss that was more than halved to US$444.9m, and the net attributable loss fell by 54.5 per cent t... |
Italcementi04 March 2013, Published under Cement NewsItalcementi's turnover declined by 3.8 per cent last year to EUR4480.1m, or by 4.9 per cent on a comparable basis. Group cement shipments were 6.6 per cent lower at 45.9Mt and the turnover from cement and clinker was off by three per cent to EUR2903.5m, with cement volumes being down in Europe and in the Middle East, but improving elsewhere. In concrete and aggregates, turnover fell by 7.8 per cent to EUR1280.3m as shipments of aggregates fell by 10.8 per cent to 34Mt and ready-mixed concret... |
Buzzi Unicem04 March 2013, Published under Cement NewsBuzzi Unicem turnover edged ahead by 0.9 per cent last year to EUR2813m, of which Dyckerhoff contributed an almost unchanged EUR1603m. The underlying EBITDA, which will be announced on 28 March, is estimated to be around EUR450m. Net debt at the end of December had been reduced by 1.6 per cent to EUR1125m. Group cement deliveries declined by 3.4 per cent last year to 27.3Mt, but they ahead in the Russia, the United States and Mexico. Ready-mixed concrete deliveries were off by 9.5 per cent t... |
CRH04 March 2013, Published under Cement NewsCRH's turnover improved by 3.2 per cent last year to EUR18,659m while the EBITDA was off by one per cent to EUR1640m. There were 36 acquisitions during the year, and the outlook for acquisition opportunities is deemed positive. The trading profit declined by three per cent to EUR840m and after other charges, including a net interest charge 12.7 per cent higher at EUR258m and a EUR230m gain on disposals, compared with EUR55m in 2011, the pre-tax profit declined by 5.2 per cent to EUR674m. Exc... |
Vicat04 March 2013, Published under Cement NewsVicat's turnover increased by 1.2 per cent in 2012 to EUR2292.2m, which becomes an underlying decline of 0.2 per cent on a like-for-like basis. Turnover in cement was ahead by 1.6 per cent to EUR1155.7m, while aggregates and concrete sales were ahead by one per cent to EUR826.1m. Other activities saw turnover edge ahead by 0.2 per cent to EUR310.5m. Cement accounted for 52.3 per cent of turnover, very marginally higher than the 52.1 per cent in the previous year. The concrete and aggregates ... |
Holcim ahead despite Europe slowdown04 March 2013, Published under Cement NewsAnnual results released by Holcim earlier this week show that cement sales for the Swiss major in 2012 were ahead in spite of lower European volumes and political instability in the Middle East. Turnover during the year rose by 3.9 per cent in 2012 to CHF21,544m and in euro terms the increase was 6.4 per cent to EUR17,867m. Operating EBITDA improved 6.2 per cent to EUR3502m before restructuring costs, after which the advance was a mere 0.7 per cent to EUR3304m. The trading profit fell by ... |
Tongli Cements reports decline in 2012 profit01 March 2013, Published under Cement NewsHenan Tongli Cement has reported a 2.38 per cent decline in operating revenue for 2012 to CNY4.12bn (US$661m). The company's net profit for 2012 fell 31.79 per cent YoY to CNY164m, with basic earnings per share of RMB 0.5, according to reports in China Business Newswire. Tongli Cement plans to convert three shares from the capital surplus for every ten shares based on its share capital of 328 million shares. |