Cement News tagged under: business results

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Anhui Conch Cement Co

26 March 2015, Published under Cement News

2014 saw Anhui Conch report net profit gains of 17 per cent to CNY11bn (US$1.77bn), compared to CNY9.4bn the previous year. Cement and clinker sales for the year were also up, coming in at 249Mt, representing growth of 9.3 per cent versus 2013. Revenue for the year expanded from CNY55.3bn in 2013 to CNY60.8bn. But there was caution in the wind as demand for cement is expected to weaken following the expected slowdown in China’s economy causing house prices to contract. In the east of the ...

Holcim

05 March 2015, Published under Cement News

Holcim's turnover declined by 3.1 per cent in 2014 to CHF19,110m and in euro terms there was a 1.8 per cent reduction to EUR15,734m, while in US$ terms there was a 1.9 per cent decline. The operating EBITDA eased by 3.8 per cent to CHF3747m (EUR3085m), though ignoring the merger and restructuring, the reduction was just 0.3 per cent to CHF3885m (EUR3199m). The trading profit was 1.7 per cent lower at CHF2317m (EUR1080m), and up by 4.6 per cent if excluding restructuring costs. The net attrib...

Lafarge

05 March 2015, Published under Cement News

Lafarge's turnover eased by 1.9 per cent to EUR12,843m in 2014 and EBITDA came off 2.6 per cent to EUR2721m, having fallen by 9.4 per cent in 2013. Including share of associates, turnover eased by 0.2 per cent to EUR15,167m and EBITDA by 0.4 per cent to EUR3091m. The trading profit was off by 2.9 per cent to EUR1881m but was 0.4 per cent ahead at EUR2084m including associates and carbon credits received recovered from EUR14m to EUR37m. Net financial charges declined by a further 11.6 per cen...

HeidelbergCement

05 March 2015, Published under Cement News

The preliminary figures from HeidelbergCement show a four per cent improvement in turnover last year to EUR12,614m, or by 8.4 per cent on a comparative basis and according to the latest accounting rules that exclude joint ventures. EBITDA improved by a 2.9 per cent to EUR2288m and the trading profit advanced by five per cent to EUR1595m, or by 12.9 per cent adjusting for currency movements and changes in the scope of consolidation. Group sales of cementitious materials improved by 4.7 per...

Cemex

05 March 2015, Published under Cement News

Cemex' turnover improved by 3.2 per cent in 2014 to US$15,708.5m and EBITDA advanced by 3.7 per cent to US$2740.5m, while the trading profit rose by 12.3 per cent to US$1275.6m. The net interest charge rose yet again and was up by 4.3 per cent to US$1608.4m, while the pretax loss was reduced by 53.2 per cent to US$124m and the net attributable loss emerged 39.8 per cent lower at US$507.3m. Net debt, including perpetual notes, declined by 6.7 per cent during the year to US$16,291m, with 71 pe...

Italcementi

05 March 2015, Published under Cement News

Italcementi's turnover declined by 1.8 per cent in 2014 to EUR4155.6m, or by 0.7 per cent on a comparable basis. Group cement shipments edged ahead by 0.6 per cent to 43.4Mt and the turnover from cement and clinker was ahead by one per cent to EUR2742.9m, with cement volumes improving everywhere but in Europe. The concrete and aggregates turnover declined by 6.9 per cent to EUR1162.5m as shipments of aggregates declined by 5.6 per cent to 30.8Mt and ready-mixed concrete deliveries were 6.5 p...

Buzzi Unicem

05 March 2015, Published under Cement News

Buzzi Unicem's turnover eased by 0.1 per cent last year to EUR2506m, but ignoring the exchange rate effect there would have been a 3.4 per cent improvement. Net debt at the end of December was 3.1 per cent below the level seen a year earlier at EUR1063m. Group cement deliveries in 2014 increased by 1.8 per cent to 25.1Mt and ready-mixed concrete deliveries improved by 1.4 per cent to 12Mm³. Buzzi Unicem's Italian turnover declined by a further 9.3 per cent to EUR392m. The company's sales ...

Cimpor

05 March 2015, Published under Cement News

Cimpor's turnover eased by 0.8 per cent in 2014 to EUR2603.7m while EBITDA declined by 6.7 per cent to EUR645.6m. The trading profit emerged 7.9 per cent lower at EUR448.8 and the net financial charge declined by 8.8 per cent to EUR371.4m, giving a pretax profit 3.5 per cent lower at EUR77.3m and at the net attributable level there was a swing from a loss of EUR19.4m to a profit of EUR27.2m. Net debt at the end of 2014 stood at EUR3561m, an increase of 3.7 per cent, while shareholders' funds...

CRH

05 March 2015, Published under Cement News

CRH's turnover increased by 4.9 per cent in 2014 to EUR18,912m while EBITDA advanced by 11.3 per cent to EUR1641m. The trading profit before charging EUR49m of impairments rose by 28.8 per cent to EUR966m. The net interest charge declined by 1.2 per cent to EUR246m and a EUR77m gain on disposals, compared with EUR26m in 2014, led to a pretax profit of EUR761 compared with a loss of EUR215m in 2013. The net attributable result swung from a EUR296m loss to a profit of EUR582m. Net debt at the ...

Peru: Unacem reports rise in 4Q14 income

05 March 2015, Published under Cement News

Peruvian cement producer Unacem saw revenues increase 13.2 per cent to PEN516.5m (US$167m) in the last quarter of 2014 when compared with 4Q13. EBITDA rose 52.5 per cent thanks to clinker exports and despite higher fuel costs. Net profit increased 179.9 per cent YoY to PEN138.4m. The company’s deliveries advanced 4.4 per cent YoY to 1.504Mt with the domestic market expanding 3.6 per cent over the period. The output of Atocongo’s Kiln 1 and 2 pushed total Unacem production to 1.635Mt, up ...