Business Results

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Breedon Group reports earnings up 43% to GBP652m

Breedon Group reports earnings up 43% to GBP652m

Breedon Group PLC reports revenues grew by 43 per cent to GBP652.4m (US$904.9m) in 2017 while underlying earnings before interest and tax (EBIT) increased by 35 per cent to GBP8...

Sinai Cement swings into the red

Sinai Cement swings into the red

Sinai Cement, Egypt, incurred consolidated net losses of EGP352.48m (US$19.99m) in 2017 from a net profit of EGP14.64m in 2016.

Kuwait Cement FY17 profit falls 12%

Kuwait Cement FY17 profit falls 12%

Kuwait Cement saw a YoY increase of 15.4 per cent in profits to KWD4.94m (US$16.5m) in 4Q17 from KWD4.28m in 4Q16, according to a stock exchange statement.

Cemento Polpaico slips into loss

Cemento Polpaico slips into loss

Chile’s Cemento Polpaico informed the country’s Financial Markets Commission (CMF) it registered losses of CLP1.042bn (US$1.74m) in 2017.

Adelaide Brighton announces results for 2017

Adelaide Brighton announces results for 2017

Adelaide Brighton has announced its results for the full-year period, ended 31 December 2017. The company saw a 2.3 per cent YoY fall in net profit to AUD182m (US$141m), but rev...

Industry sales in Pakistan grow by 4% in 1HFY18

Industry sales in Pakistan grow by 4% in 1HFY18

The profitability of the cement sector in Pakistan has contracted in the 1HFY18, falling 13 per cent YoY to PKR26.85bn (US$258.4m). This has been attributed to both an increase ...

LafargeHolcim

The Indian LafargeHolcim subsidiary ACC Ltd reported a 14 per cent increase in cement deliveries in 2017 to 26.21Mt, a sharp reversal of the 2.7 per cent reduction seen in 2016,...