Cement News tagged under: Western Europe

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Cementir sales up but profit slips in 9M20

13 November 2020, Published under Cement News

Cementir posted a revenue of EUR896.8m in the nine-month period ended 30 September 2020 down one per cent YoY, according to a company statement. EBITDA declined 2.1 per cent to EUR178.1m from EUR181.8m. Profit before taxes decreased 2.3 per cent to EUR81.2m in January-September 2020 when compared with EUR83.7m in the equivalent period of the previous year.  “In the first nine months of 2020, despite the serious pandemic, the Group reported a 11.3 per cent increase in cement volumes sold, m...

Titan Group reports revenues of EUR1202m in 9M20

12 November 2020, Published under Cement News

Titan Group announced its consolidated revenue totalled EUR1202.4m for the 9M20, a marginal decline of 0.5 per cent when compared with the revenue in the 9M19. Operating profitability (EBITDA) in January-September 2020 rose by 10.1 per cent to EUR229.4m. Net profit after taxes and minorities in the 9M20 was EUR58m compared to EUR45.2m in 9M19. In the 3Q20 Titan Group’s revenue fell by 1.7 per cent compared to the 3Q19 at EUR416m, while group EBITDA in the 3Q20 grew by 7.4 per cent to EUR9...

Buzzi Unicem records cement and clinker sales of 21.7Mt in 9M20

10 November 2020, Published under Cement News

Buzzi Unicem announced that cement and clinker sales for the group totalled 21.7Mt in the 9M20, down 1.8 per cent compared to the previous year. Ready-mix and concrete sales contracted by 4.9 per cent to 8.7Mm 3 . Consolidated net sales stood at EUR2408m, a minor dip of 0.6 per cent on the EUR2423.6m earned in the 9M19. On a like-for-like basis net sales would have slipped 0.3 per cent. The summer period was characterised by positive developments in Italy, thanks to a better-than-expec...

Breedon disposes of 14 assets to Tillicoultry Quarries for GBP12.2m

09 November 2020, Published under Cement News

Breedon Group Plc is pleased to announce that it has agreed the disposal of certain assets to Tillicoultry Quarries Ltd for GBP12.2m on a cash and debt-free basis.     The 14 sites to be divested include 10 ready-mixed concrete plants and an asphalt plant and associated aggregates depot in England, and two quarries and a cement terminal in Leith, Scotland. The earnings of the assets being disposed of are not material to the Breedon Group.     Breedon is divesting these assets at the di...

HeidelbergCement announces a 8% fall in revenues for 9M20

05 November 2020, Published under Cement News

HeidelbergCement announced its January-September 2020 revenue decreased by 7.9 per cent to EUR13,140m in comparison with the previous year's EUR14,273m. Excluding consolidation and exchange rate effects, the decline amounted to 6.9 per cent. Changes to the scope of consolidation of EUR4m and exchange rate effects of EUR159m had a negative impact on revenue. Group-wide cement and clinker sales volumes fell by 4.7 per cent to 90.1Mt (previous year: 94.5Mt) in the first nine months. Exc...

Cem'In'EU speaks out on Carbon Border Adjustment Mechanism

05 November 2020, Published under Cement News

Cem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries.   "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f...

Vicat reports sales of EUR2.07bn

04 November 2020, Published under Cement News

Vicat Group’s consolidated sales reached EUR2.066bn in the first nine months of 2020, stable on a reported basis and up 2.1 per cent YoY at constant scope and exchange rates. EBITDA increased to EUR403m from EUR373m in the 9M19. Overall cement sales also advanced 8.4 per cent at a constant scope. “The Vicat Group’s performance over the first nine months of 2020 demonstrated its resilience and its tremendous ability to seize growth opportunities arising in its markets. The impact of COVID o...

FLSmidth reports 33% decline in 3Q cement revenues

03 November 2020, Published under Cement News

In the 3Q20 FLSmidth’s revenue amounted to DKK3834m (US$4181m) compared to DKK4736m in the 3Q19, down 19 per cent. Organic revenue decreased by 12 per cent, comprising a one per cent increase in mining and a 33 per cent decline in cement. The sharp decline in cement was due to a more severe pandemic impact on the cement industry and a low backlog.   In the 3Q20 FLSmidth’s order intake amounted to DKK3955m, compared to DKK4571m in the 3Q19, down 13 per cent. Organic order intake fell b...

LafargeHolcim to build first CC facility at Carboneras plant

02 November 2020, Published under Cement News

LafargeHolcim will begin to build the first carbon capture facility at its Carboneras plant in Almería, Spain, at the end of the year. It will use British Carbon Clean technology and the captured carbon will be used to improve the agricultural performance of the greenhouses in the province. The installation will initially capture 10 per cent of the 700,000t of CO2 emissions by the plant, but the cement producers plans to capture 100 per cent eventually and equip its other four cement plants...

Cementos Molins records net profits of EUR62m for 9M20

02 November 2020, Published under Cement News

Cementos Molins has announced its 9M20 results, with net profits reaching EUR62m, 12 per cent less than the same period last year. In comparable terms of exchange rates and hyperinflation adjustment, net profits to September grew by 13 per cent. Profits in the third quarter (July-September) stood at EUR29m, 44 per cent higher than the same quarter last year, when the net profit was EUR21m. Cementos Molins' revenues up to September were EUR546m, representing a decrease of eig...