Cement News tagged under: business results

RSS feed

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 ...

Cementos Argos

02 March 2015, Published under Cement News

Cementos Argos has reported a 58.8 per cent rise in profit in 2014, coming in at COP291bn (US$145m), compared to COP183bn in 2013. The growth, which was driven by domestic sales, is expected to continue in 2015 due to the Colombian government’s spending commitment on public housing and highways. Operating income expanded by 16.8 per cent last year to US$2.9bn, while EBITDA improved by 8.4 per cent to US$534m. The US division is expected to double 2014’s EBITDA of US$68m coming in around U...

Spain: Portland Valderrivas reduces full-year loss

27 February 2015, Published under Cement News

Cementos Portland Valderrivas reported a EUR52.3m loss in 2014, around 27.3 per cent less than the previous year. The company attributed the improved result to the recovery of the Spanish economy which was reflected in a rise in public tenders, boosting in turn cement consumption. Cementos Portland Valderrivas reported a net operating profit of EUR35.9m, against a net operating loss of EUR24.2m the previous year. Revenues increased 0.4 per cent to EUR542.9m as the company divested from n...

CRH

08 December 2014, Published under Cement News

In its autumn trading statement, CRH announced that turnover improved by three per cent in Europe and by five per cent in the Americas, or four per cent overall. EBITDA should be ahead by around 10 per cent on both sides of the Atlantic, having seen a 27 per cent rise during the first half (+61 per cent in Europe and broadly unchanged in the Americas). Depreciation and amortisation charges are expected to be around five per cent lower than in 2013 and the net interest charge is forecast to b...

Vicat

08 December 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 aggrega...

Cimpor

08 December 2014, Published under Cement News

Cimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies declined by 10, 36 and 14 per cent, respectively. South America generated 69.1 per cent of EBITDA in the nine months compared with 79.5 per cent a year earlier. The trading profit (EBIT) came down by 2.6 per cent to EUR321.5m and the net financial charges declined by 1.2 per cent to EUR287.1m to give a pretax profit 12.7 ...

Buzzi Unicem

08 December 2014, Published under Cement News

Buzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m. The trading profit was ahead by 15.1 per cent to EUR136.1m and net financial charges declined by 38 per cent to EUR50.7m. The contribution from associates increased by 22.6 per cent to EUR36.1m and the pretax profit advanced by 77.3 per cent to EUR121.8m. The tax charge still rose by 63.1 per cent while the minorities charge declined by 36.4 per cen...

Italcementi

08 December 2014, Published under Cement News

Italcementi's turnover declined by 3.1 per cent to EUR3217.5m in the first nine months the year and the running EBITDA eased by 0.6 to EUR469.3m. Very substantially lower re-organisation costs and a 12.1 per cent reduction in depreciation and impairment charges resulted in the trading profit staging a 48.1 per cent recovery to EUR160.9m. The net interest charge rose by 15.7 per cent to EUR100m and there was a larger financial impairment charge, in spite of which, the pretax profit jumped fro...

HeidelbergCement

08 December 2014, Published under Cement News

HeidelbergCement's turnover improved by 2.7 per cent to EUR10,127m in the first nine months of the 2014 and EBITDA was 5.7 per cent ahead at EUR1794m. At the trading level, the profit increased by 10.9 per cent to EUR1241m and after a net interest charge 12.1 per cent higher at EUR463m, an associates’ contribution 14 per cent lower at EUR17m and a lower net exceptional items contribution, the pretax profit declined by 15.3 per cent to EUR803m, giving a net attributable profit 33.5 per cent d...

Lafarge

08 December 2014, Published under Cement News

In the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to EUR11,332m while EBITDA edged ahead by 0.5 per cent to EUR2320m. The trading profit improved by 2.8 per cent to EUR1589m, while excluding associates there was a 1.2 per cent reduction to EUR1431m. Net financial charges declined by 6.7 per cent to EUR701m and the pretax profit was three per cent lower at EUR636m. Following a 33.3 per cent higher tax charge, the net attr...