Bamburi sees 37% drop in net profit in 2019
Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the de...
Bamburi Cement
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Kenya's cement consumption recovers in January
Kenyan cement consumption reached a 17-month-high in January 2020, according to the Kenya National Bureau of Statistics (KNBS). Demand hit 528,904t during the month and marked t...
Bamburi Cement acts to protect market share
Kenyan cement production capacity is now estimated at 12Mt, according to industry leaders, while annual demand ranges between 5-6Mta. Cement prices are below levels recorded mor...
Hima Cement in consultation for Moroto mining rights
Bamburi Cement’s subsidiary, Hima Cement, is consulting leaders and the local community in Moroto in Uganda, to access surface mining rights. Hima Cement (LafargeHolcim group) i...
Bamburi to dispose of Shell waste oil
Kenya’s Bamburi Cement’s waste division, Geocycle and Vivo Energy Kenya have agreed to collect and safely dispose of waste oil from Shell service stations across the country and...
Bamburi Cement 1H19 pretax profit declines
Bamburi Cement reported a turnover of KES18.663bn (US$181.18m) in the1H19, up 0.6 per cent when compared with KES18.556bn in the 1H18. The Kenya-based cement producer’s pretax p...
Bamburi Cement sees operating profit fall to KES0.8bn in 2018
Bamburi Cement (LafargeHolcim) has reported that operating profit fell to KES0.8bn (US$7.92m) in the 2018, from KES4.2bn in 2017. The decline was attributed to higher energy cos...
Bamburi Cement forecasts profit drop of 25% in 2018
Bamburi Cement (LafargeHolcim group) has given a profit warning of earnings likely to drop by 25 per cent in 2018 following difficult market conditions and escalating internatio...
Bamburi Cement issues profit warning for 2018
Kenya’s Bamburi Cement has issued a profit warning for the financial year ended December 2018, with investors expecting the company's lowest earnings in 10 years, according to B...
Bamburi Cement appoints Grace Oluoch as new FCO
Kenya-based Bamburi Cement has appointed Grace Oluoch as the company’s new finance director. She succeeds Eric Kironde, who has been Bamburi’s FCO since 2011. “The company is pl...