LafargeHolcim doubles net income and reports 4% net sales growth
LafargeHolcim posted a like-for-like (LfL) net sales growth of 3.5 per cent YoY in the first half of 2019. Sales increased from CHF13.272bn (US$13.4bn) in the 1H18 to CHF13.059b...
Business Results
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Eagle Materials notes record cement sales in 1Q
US-based Eagle Materials Inc has reported a six per cent YoY fall in revenue to US$370.5m for the quarter ending 30 June 2019. However, revenue in the Heavy Materials (cement, c...
Yamama Cement reports 47% net profit increase in 2Q19
Saudi Arabia’s Yamama Cement has recorded a 46.6 per cent YoY increase in net profit for the second quarter of 2019, rising to SAR53.2m (US$14.19m) from SAR36.3m. The company’s ...
Dangote Cement's group revenues slip 3% in 1H19
Dangote Cement Plc announced its unaudited results for 1H19 with group revenue reaching NGN467.7bn (US$1.291bn), down three per cent, and group EBITDA at NGN217.9bn, down 11.4 p...
HeidelbergCement reports 7% rise in revenues in 1H19
Germany-based HeidelbergCement posted revenues of EUR9.2bn, representing a seven per cent increase YoY from EUR8.4bn in the 1H18. However, market dynamics weakened in the second...
Cementir Holding announces 1H19 revenues of EUR591.9m
Cementir Holding has released its results for 1H19. Revenues rose to EUR591.9m up from EUR588.5m in 1H18, while EBITDA stood at EUR110.1m, up 14 per cent compared to EUR96m in 1...
Lucky Cement profit squeezes in FY19
Lucky Cement Ltd informed the Pakistan Stock Exchange (PSX) on 29 July that its net profit after tax during FY19 stood at PKR10.5bn (US$65.16m), down 14 per cent YoY. The result...
Orient Cement sees 249% rise in net profit
India’s Orient Cement has reported a 7.5 per cent YoY rise in total income for the quarter ending 30 June 2019, rising to INR6.91bn (US$100.56m) from INR6.43bn. Net profit for t...
Attock Cement profit falls in FY19
Attock Cement Pakistan Ltd (ACPL) has announced its FY19 results, reporting a net profit after tax fall to PKR2.073bn (US$12.86m) from PKR4.4bn in FY18, down 53 per cent on YoY....
Cemex Holdings Philippines reports improvement in 1H19
Cemex Holdings Philippines (CHP) saw a significant improvement in net profit for the first six months of 2019, reversing its previous PHP582m (US$11.39m) net loss to a PHP802m p...