Cement News tagged under: Titan Cement Group

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Titan Group 9M16 results boosted by Egypt and US

03 November 2016, Published under Cement News

Titan Group results recorded a significant improvement in the nine months of 2016, reflecting the growth of the US market and the improvement of results in Egypt. Consolidated turnover reached EUR1124.2m, posting a 9.2 per cent increase compared to the same period in 2015. EBITDA increased by 24.1 per cent reaching EUR205m. Net profit, after minority interests and the provision for taxes stood at EUR121.9m compared to EUR36.2m in the nine months of 2015. Net profit was positively affected...