Cement News tagged under: Semapa

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Semapa reports 68% climb in profit

08 November 2021, Published under Cement News

Portugal’s Semapa has recorded a net profit of EUR122.2m (US$141.17m) in the first nine months of 2021, up 68 per cent on EUR72.8m in the 9M20. The group’s consolidated turnover rose 4.7 per cent YoY to reach EUR1515.3m, with EUR366.7m contributed by Secil (-3.5 per cent YoY). EBITDA from the cement segment remained largely consistent at EUR107.3m (-0.1 per cent YoY).

Semapa sees 182% rise in 4Q20 net profit

02 February 2021, Published under Cement News

Portugal-based Semapa recorded a net profit of EUR106.6m in 2020, a 14.1 per cent YoY decrease from EUR124.1m a year earlier. In the 4Q20, net income surged 182.3 per cent YoY to EUR33.8m. Consolidated turnover was down 16.2 per cent YoY to EUR1867m in 2020, of which EUR451m came from its cement segment. EBITDA reached EUR419.3m, falling 13.9 per cent from EUR486.8m in 2019, despite the group's positive developments in cement, which grew 15.3 per cent YoY, especially in Portugal.

Chairman of Semapa dies

23 August 2018, Published under Cement News

Portuguese billionaire Pedro Queiroz Pereira, whose holding company Semapa controls paper and pulp producer The Navigator Company and cement maker Secil, died on Saturday aged 69, an official spokesman said. Queiroz Pereira was chairman of Semapa and The Navigator Company. Both of these publicly traded companies have separate chief executive officers. His family holds 71 per cent of Semapa. He is survived by his daughters Filipa, Mafalda and Lua. The former race car driver was Portugal’s f...

Brazil: Semapa acquires full control of Supremo Cimentos

01 July 2015, Published under Cement News

Semapa has concluded the acquisition of full control of Supremo Cimentos, a Brazilian company in which it already held a 50 per cent stake. The purchase of the 50 per cent of Supremo Cimentos that Semapa did not yet own was announced in April, but was dependent on the fulfilment of several conditions, which have now been verified. Therefore, Secil through its affiliated company Ciminpart – Investimentos e Participações, SGPS – and NSOSPE Empreendimentos e Participaçõe (a Brazilian com...

Secil 1Q15 boosted by Angola operations

02 June 2015, Published under Cement News

Semapa, the Portuguese holding company that controls Secil, said turnover in its Cement and Derivatives Business unit for the first quarter of 2015 increased by 2.4 per cent YoY to EUR99.9m. The growth is mostly attributed to the performance of the ready-mix business unit in Portugal and Angola operations. EBITDA during the three month period rose by four per cent to EUR17.1m. Operating income was down by 25 per cent to EUR4.7m due to the increase in depreciation. Consolidated net income ...

Semapa acquires 50% stake in Supremo Cimentos

06 May 2015, Published under Cement News

Semapa and Secil, through its Brazilian subsidiary, entered into an agreement for the acquisition of a 50 per cent stake of the Brazilian company Supremo Cimentos. With this acquisition, the companies now indirectly hold the entire share capital of the Supreme. "Our subsidiary of Brazilian law, NSOSPE Empreendimentos e Participações, owned jointly by Semapa and Secil - Companhia Geral de Cal and Cement entered into an agreement for the acquisition of the 50 per cent of the share capital of ...

Portugal Semapa profit up 15%

04 November 2014, Published under Cement News

Portugal's conglomerate Semapa, owner of cement maker Secil, posted on Friday a 15 per cent rise in nine-month net profit, helped by lower taxes on some of its overseas operations and a small increase in sales. Net profit rose to EUR80m the company said in a statement. Still, EBITDA fell 4.5 per cent from a year ago to EUR98m. Total sales rose about by about one per cent to EUR1.48bn, with cement sales up four per cent.  The company attributed the growth to cement and clinker exports from ...

Semapa 1H14 cement turnover up 5.3 per cent YoY

04 September 2014, Published under Cement News

Semapa, the Portuguese holding company that controls cement maker Secil, said turnover from its cement business operating rose 5.3 per cent YoY to EUR217.3m, driven mainly by increased exports from its home market of Portugal. In its domestic market of Portugal, Secil recorded a turnover of EUR91.2m, up 11 per cent YoY. Export revenue increased by 20.6 per cent YoY and accounted for 68.2 per cent of total sales volumes. Overall, domestic sales volumes were down 1.5 per cent YoY. However, l...

Semapa's 1H13 turnover declines

03 September 2013, Published under Cement News

In the first half of 2013, Semapa reported that turnover from its cement division fell 3.2 per cent YoY to EUR233.5m, essentially due to a drop in turnover in Portugal and Angola. EBITDA in the cement business unit stood at EUR28.2m, up by 0.1 per cent on the same period in 2012. In the second quarter, EBITDA from cement business totalled EUR16.2m, up by 34.4 per cent from the previous quarter. This increase was largely due to a significant increase in sales in cement business in Portugal...

Semapa to focus on Brazilian investment

05 June 2013, Published under Cement News

Semapa, the Portuguese holding company that controls cement maker Secil, has said it is focussed on constructing a new plant in Brazil as domestic demand continues to wane. “At this moment we are focused on building the plant in Brazil,” Paredes said. “There is a growing tendency for our cement sales from outside Portugal to increase,” Bloomberg quoted Semapa board member Jose Miguel Paredes as saying. Semapa entered the Brazilian market by acquiring a 50 per cent stake in local ceme...