Cement News tagged under: Vicat

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Vicat's profits modestly ahead in 2016

28 February 2017, Published under Cement News

Vicat's turnover eased by 0.2 per cent in 2016 to EUR2453.8m while EBITDA was up by the 3.2 per cent to EUR458m, while at unchanged exchange rates and other parameters there would have been increases of 4.1 and eight per cent, respectively. The trading profit improved by five per cent to EUR258m, with the increase at unchanged parameters being 9.6 per cent. The net financial charge was EUR10.1m lower at EUR38.1m and after an increase in the contribution from associates from EUR4.9m to EUR13....

Vicat advances in the USA in spite of poor weather in California

04 November 2016, Published under Cement News

Vicat's turnover for the first nine months of the year eased by 0.9 per cent to EUR1867m, which represents an underlying improvement of 3.4 per cent. Turnover in cement was 1.9 per cent lower at EUR1136m, which represented 53.1 per cent of the group total. Cement deliveries increased by 10 per cent to 16.64Mt. The aggregates and concrete turnover improved by 2.3 per cent to EUR698m, or 32.6 per cent of the group total, with shipments of aggregates rising by 5.8 per cent to 16.32Mt and delive...

Kazakhstan: a nation’s vision

17 October 2016, Published under Cement News

While the need for infrastructure and housing is considerable in Kazakhstan, lower oil receipts, a depreciating tenge and sluggish global growth conspire against elevated levels of public spending. However, the government has pinned its hopes on foreign investment to meet construction demand as well as expand the cement production base, which in turn will reduce expensive imports. While cement demand growth rates of the past are not expected going forward, Kazakhstan still has a co...

Vicat

02 September 2016, Published under Cement News

Vicat's first-half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. EBITDA improved by 2.3 per cent to EUR208m and the margin advanced from 16.3 per cent to 16.8 per cent. The trading profit moved ahead by 11.2 per cent to EUR103m, with the underlying margin improving by 16.5 per cent. The net attributable profit advanced by 45.7 per cent to EUR49m. The net debt at the end of the period amounted to EUR1059m and the gearing level dec...

Vicat's 1H16 results in the USA continue to improve

04 August 2016, Published under Cement News

Vicat's first half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. The EBITDA improved by 2.3 per cent to EUR208m and the margin improved from 16.3 per cent to 16.8 per cent. The trading profit moved ahead by 11.2 per cent to EUR103m, with the underlying margin improving by 16.5 per cent. The net attributable profit improved by 45.7 per cent to EUR49m, while net debt at the end of the period amounted to EUR1059m and the gearing le...

Vicat sees 1Q16 revenues reach EUR554m

28 April 2016, Published under Cement News

In their quarterly statement for 1Q16, Vicat announced that turnover improved by 3.3 per cent YoY to EUR554m (US$629m), which represents an underlying advance of 6.5 per cent. Cement turnover was up by 1.5 per cent to EUR346m (US$392m), as cement shipments rose by 13.8 per cent to 4.83Mt. The turnover in concrete and aggregates was 7.7 per cent ahead at EUR204m (US$231m), which represents an underlying advance of 9.1 per cent, as aggregates shipments rose by 15.2 per cent to 4.83Mt and re...

Vicat’s profits declines in most markets

15 March 2016, Published under Cement News

French cement major Vicat saw its profits decline in most markets last year with the USA and India being the only exceptions. Turnover improved by 1.5 per cent in 2015 to EUR2457.9m and EBITDA was up by the same percentage to EUR448m, while at unchanged parameters there would have been declines of 4.4 per cent and 4.3 per cent, respectively.  The trading profit fell by 4.8 per cent to EUR249.7m, with the reduction at unchanged parameters being 10.4 per cent as the stronger dollar had ...

Vicat underlying turnover eases by 4.4%

05 February 2016, Published under Cement News

Vicat's turnover improved by 1.5 per cent in 2015 to EUR2458m, which translates into an underlying decline of 4.4 per cent on a like-for-like basis. Turnover in cement advanced by 0.8 per cent to EUR1495m, or EUR1256m after deducting inter-group transfers. Aggregates and concrete sales improved by 3.6 per cent to EUR914m, while other activities saw turnover edging ahead by 0.4 per cent to EUR400m. Cement accounted for 53.4 per cent of turnover, little changed from the 53.7 per cent shown ...

Vicat advances well in the USA but France, Italy and Africa weaken

04 November 2015, Published under Cement News

Vicat's turnover for the first nine months of the year improved by 1.9 per cent to EUR1883m, which represents an underlying decline of 5.3 per cent. The gearing level was reduced from 46.8 per cent at the end of September last year to 43.7 per cent this time. Turnover in cement was 2.5 per cent higher at EUR1,157m, which represented 53.9 per cent of the group total. Cement deliveries declined by 4.4 per cent to 15.13Mt. The aggregates and concrete turnover improved by 1.8 per cent to EUR6...

Vicat considers extension of Kazakh plant and construction of new terminal

29 September 2015, Published under Cement News

The Kazakh Vice Minister of Investment and Development of Kazakhstan, Albert Rau, has met with President of Vicat Group, Guy Sidos, and Honorary President of the group, Jacques Merceron-Vicat, to discuss the operation and possible extension of Vicat's existing production plant at Zhambyl. The meeting also announced the construction of a US$10m terminal in Astana in 2016, according to reports by AKI Press. The terminal will also act as a packing plant, research and testing centre. Vi...