Cement News tagged under: Vicat

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Loesche installation at Elmadag works, Turkey

25 March 2015, Published under Cement News

Loesche is now starting to install a 260tph raw meal mill at Bastas Baskent Cimento’s Elmadag cement works in Turkey, after a delivery time of just 10 months. Bastas Baskent Cimento is part of the Vicat group of France. The Loesche LM 45.4 raw meal mill, ordered by Vicat Service Technique Ciment in May 2014 for raw meal cement grinding, has already been delivered by Loesche. The German equipment supplier has previously equipped vertical roller grinding mills for the Elmadag factory as wel...

Vicat shows good profit growth in the USA, India and Africa

11 March 2015, Published under Cement News

Vicat’s turnover increased by six per cent in 2014 to EUR2422.7m and the EBITDA emerged 3.6 per cent ahead at EUR442m, while at unchanged parameters the increases would have been eight and seven per cent respectively. The trading profit rose by 12.3 per cent to EUR263.1m.The net financial charge was 8.2 per cent higher at EUR47.6m and after a slightly higher contribution from associates the pre-tax profit improved by 12.5 per cent to EUR203m. After a lower effective tax charge of 29.3 per...

Vicat increases cement shipments by 13.7%

04 February 2015, Published under Cement News

Vicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent  on a like-for-like basis. Turnover in cement advanced by 13.7 per cent  to €1261m, or €1483m before deducting inter-group transfers. Aggregates and concrete sales declined by 1.8 per cent  to €860m, while other activities saw turnover edging ahead by 0.3 per cent to €301m. Cement accounted for 53.7 per cent  of turnover, up from the 50.6 per cent  shown in the previ...

Vicat advances in all group markets except France and Italy

05 November 2014, Published under Cement News

Vicat's turnover for the first nine months of the year improved by 6.1 per cent to EUR1847m, which represents an underlying advance of 9.7 per cent. The gearing level was little changed at 51.7 per cent at the end of September compared with 51.3 per cent a year ago and lower than the 52.7 per cent seen at the end of June. Turnover in cement was 10.1 per cent higher at EUR1129m, which represented 53.6 per cent of the group total. Cement deliveries rose by 15.7 per cent to 15.82Mt.  The agg...

Vicat advances in spite of weakness in France

05 August 2014, Published under Cement News

Vicat's first half turnover increased by 6.1 per cent to EUR1217.8m, which amounts to a 10.8 per cent advance on a comparative basis. EBITDA was ahead by 3.1 per cent to EUR207.7m and the margin narrowed from 17.5 per cent to 17.1 per cent. The trading profit, however, improved by 9.4 per cent to EUR115.2m, an underlying increase of 15.8 per cent. After a net financial charge 38.2 per cent higher at EUR29.7m and a 20 per cent decline in the income from associates to EUR1.7m, the pre-tax p...

Egypt cement volumes hold firm

28 July 2014, Published under Cement News

Egypt’s cement volumes demonstrated resilience over the Jan-May 2014 period with the pricing environment also positive. During the first five months of the year, volumes totalled 21.7Mt – an increase of 1.8 per cent compared to the same period of 2013 which was impacted by interruptions in energy supplies and exceptional political events, writes CM-CIC Securities. Lafarge posted a particularly strong performance, with volumes up by 18.9 per cent (2.5Mt) in the Jan-May period, and by 19...

Vicat improves cement shipments by more than 12%

29 April 2014, Published under Cement News

Vicat's first quarter turnover increased by 9.2 per cent to €536m, which represents an underlying improvement of 14 per cent. The cement turnover improved by 6.8 per cent to €325m, as cement shipments rose by 12.2 per cent to 4.60Mt. The turnover in concrete and aggregates was 9.8 per cent higher at €199m as aggregates shipments rose by 9.0 per cent to 5.15Mt and ready-mixed concrete deliveries increased by five per cent to 1.89Mm³. Other products and services generated a 10.1 per cent i...

Vicat: full-year turnover eases

11 March 2014, Published under Cement News

Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent and 0.3 per cent respectively. The trading profit emerged 3.7 per cent lower at EUR234m. The net financial charge rose by 31.2 per cent as the debt of the Indian subsidiaries Vicat Sagar and Gulbarga Power was no longer being capitalised. After an increase in the effective tax charge from 29.1 per cent to 32.4 per c...

Guy Sidos appointed chairman of Vicat Group

07 March 2014, Published under Cement News

Jacques Merceron-Vicat, chairman of the Vicat Group has appointed current CEO, Guy Sidos, chairman in addition to his position as CEO. The board also appointed Jacques Merceron-Vicat honorary chairman.

Vicat sees growth in Asia and in the USA

06 November 2013, Published under Cement News

Vicat's turnover for the first nine months of the year improved by a modest 0.6 per cent to EUR1740m, which represents an underlying advance of 3.2 per cent. The gearing level increased to 51.3 per cent at the end of September compared with 47.6 per cent a year ago. The expansion in Asia has been the main reason for the increased debt levels in recent years, but it is below the 53.3 per cent seen at the end of June. Turnover in cement was 2.8 per cent ahead at EUR855m, which represented 51...