Cement News tagged under: Results
Lafarge: July '1203 August 2012, Published under Cement NewsLafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €1022m. A lower €46m gain was taken on the sale of emission permits in the period. The net attributable profit, after charging restructuring costs and writing €200m off the assets in Greece, tumbled 95 per cent to €13m. Net debt at the end of June was 12 per cent lower at €12,550m and the gearing increased slightly from... |
Ivano-Frankivskcement 2011 results restated07 May 2012, Published under Cement NewsIvano-Frankivskcement finished the full year of 2011 with a net profit of UAH6m, according to a report by Ukrainian News. In 2011, the enterprise increased its net revenue by 23.73% or UAH168m to UAH877m over 2010. As of the end of 2011, the company's assets were valued at UAH 923m. Total accounts receivable as of the end of the year were UAH 216m, its current liabilities UAH258m. According to the latest data, Ivano-Frankivskcement finished 2010 at a loss of UAH 0.8m, its net revenue was U... |
Cimpor02 March 2012, Published under Cement NewsCimpor's turnover edged ahead by 1.6% in 2011 to €2275.3m, but the EBITDA eased by 2.2% to €616.0m. The trading profit declined by 8.9% to €372.8m and after a 33.5% jump in the net financial charge to €80.9m, the pre-tax profit fell by 16.2% to €291.9m. After a tax charge that was 11.5% lower at €85.7m and a minorities charge declined by 19% to €8.0m, the net attributable profit emerged 18.1% lower at €198.1m. The net debt at the end of December was 3.9% higher at €1623m to give a gearing o... |
Holcim02 March 2012, Published under Cement NewsHolcim's 2011 turnover eased by 4.2% to CHF20,744m, but in euro terms there was a 7% increase to €16,790m and in US$ terms there was an 11.9% advance. The operating EBITDA declined by 12.3% to CHF3958m, but measured in euros the reduction was just 2% to €3230m and in US dollars there was a 2.5% increase. The trading profit fell by 26.2% to CHF1933m (€1565m), while the net attributable profit dropped by 76.7% to CHF275m (€222m). The proceeds from the sale of emission rights fell to CHF63m, co... |
Lafarge02 March 2012, Published under Cement NewsLafarge's underlying turnover, adjusting for the elimination of the gypsum business that has largely been sold, increased by 3% in 2011 to €15,284, but the EBITDA declined by 7.8% to €3217m. The trading profit came down by 8.9% to €2179m and net financial charges jumped by 40.3% to €999m. Other charges, principally a €285m reduction in the value of assets in Greece and in the UAE and €61m of restructuring costs elsewhere, amounted to €541m, an increase of 78%. As a result, the pre-tax profit... |
HeidelbergCement02 March 2012, Published under Cement NewsThe preliminary figures from HeidelbergCement show a 9.7% advance in turnover last year to €12,902m, but the EBITDA was improving at a more modest 3.6% to €2321m. The trading profit was up by 3% to €1474m, or by 3.2% adjusting for currency movements and changes in the scope of consolidation. Margins declined as the rise in energy costs could not be passed on in their entirety and the contribution from the sale of emission rights dropped from an adjusted €130m (it was originally €147m) to les... |
Cemex02 March 2012, Published under Cement NewsCemex' turnover improved by 7.6% in 2011 to US$15,139.2m, but the EBITDA was just 0.8% ahead at US$2331.9m. The trading profit, however, advanced by 12.2% to US$960.2m, compared with a 26.5% fall a year ago. The net interest charge, which had risen by 22.9% in 2010, increased by a further 11.8% to US$1399.7m, and the cost of “other” expenses also rose on the back of higher losses on financial instruments and exchange rates. This resulted in a pre-tax loss that was 37% higher at US$1238.61m, ... |
Buzzi Unicem02 March 2012, Published under Cement NewsBuzzi Unicem turnover improved by 5.2% last year to €2787m, of which Dyckerhoff contributed a 13.2% advance to €1600m. The underlying EBITDA, which will be announced on 30 March, is estimated to be around €420m. Net debt hat the end of December was reduced by 9.8% to €1143m. Group cement deliveries improved by 6.2% last year to 28.2Mt, though they were lower in Italy and in the United States. Ready-mixed concrete deliveries increased by 4.8% to 15.1Mm³, but were lower in Italy, the United St... |
CRH02 March 2012, Published under Cement NewsCRH's turnover recovered by 5.3% last year to €18,081m and the EBITDA was ahead by 2.5% to €1656m. There were 43 acquisitions made during the year, the largest being the VVM cement business in Belgium. The trading profit rose by 24.8% to €871m and after other charges, including a net interest charge 5.1% higher at €229m, the running pre-tax profit improved by 12.9% to €743m. The net attributable profit advanced by 36% to €597m. Net debt at the end of December was 0.3% higher at €3483m and th... |