Cementos Argos
Cementos Argos has reported a 7.7 per cent increase in consolidated revenue to US$8.5bn in 2016. Consolidated EBITDA came in at US$1.7trn, up 8.7 per cent YoY.
Business Results
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PT Indocement
PT Indocement recorded net revenue of IDR15.36trn (US$1.15bn) in 2016, down from IDR17.8trn in 2015 and IDR19.9trn the year before. The order in early 2015 by President Joko Wid...
Ukraine: Mykolaivcement returns to profit in 2016
PJSC Mykolaivcement, owned by CRH of Ireland, reached a net profit of UAH31.394m (US$1.16m) in 2016, a considerably improved result when compared with the 294.6m loss reported i...
Titan FY16 results bring net profits of EUR278.6m
Titan Group's 2016 financial results recorded a significant improvement in profitability, thanks to the continuing growth of the US market and the recovery of results in Egypt. ...
Lafarge Africa reports EBITDA FY16 of NGN29bn
Lafarge Africa plc reports a significant increase in profit after tax in 4Q16 while net sales and operating EBITDA rose by 12 and 288 per cent, respectively in 4Q16.
Cimpor books larger loss in 2016
With declining volumes in Cimpor's three most important markets. In Brazil, Argentina and Portugal, the turnover fell by 26.1 per cent in 2016 to EUR1842.8m and EBITDA came off ...
Peru: Unacem sees sales slip 4.3% in 2016
Unacem sales fell 4.3 per cent in 2016 to PEN1865m in 2016. In Ecuador, its subsidiary Unacem Ecuador sold 1.2Mt of cement at a value of US$153.2m. In the US Drake Cement in Ari...
Ukraine: Dyckerhoff Cement losses increase five-fold
Preliminary figures indicate that in 2016, Dyckerhoff Cement Ukraine, part of Dyckerhoff AG, increased its loss by UAH66m (US$2.46m) to UAH80.82m. The company's assets as of lat...
Uruguay: Ancap to make further production cuts
Ancap is expected to make cuts in overtime, security and cleaning personnel to move the company's results closer to the black while keeping both plants at Minas and Paysandú ope...
Kuwait Cement FY16 profit up to KWD19.5m
Kuwait Cement reported a modest increase of its full-year profit from KWD19.3m (US$63.2m) in FY15 to KWD19.5m in FY16. The company’s total operating revenue advanced from KWD92....