Macedonia: Cementarnica Usje non-cons net profit falls 5% in 2016
Macedonia’s Cementarnica Usje, a subsidiary of Greece-based cement producer Titan, saw a five per cent YoY decrease in its non-consolidated net profit to MKD1.2bn (US$20.7m) in ...
Business Results
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HeidelbergCement sees 13% revenue rise in 2016
HeidelbergCement saw revenues rise by 13 per cent to EUR15.2bn in 2016 and completed a successful acquisition of Italcementi with synergies increased to EUR470m.
HeidelbergCement Ukraine reduces loss by 56% in 2017
HeidelbergCement Ukraine reduced its loss by 55.6 per cent to -UAH289.17m (US$ 10.76m) from -UAH361.73m in 2016, according to a company statement.
Kenya: Bamburi Cement profits flat for 2016
LafargeHolcim subsidiary Bamburi Cement earned KES5.89bn (US$57.4m) in after tax profits in 2016, up just 0.3 per cent on the previous year, reports the Star newspaper.
Taiwan: Hsing Ta Cement sees February revenues up 27%
Taiwan’s Hsing Ta Cement posted revenues of TWD174.57m (US$6.62m) in February, up 27.3 per cent from TWD137.18m YoY.
Ciments du Maroc posts net loss of MAD-155m
Ciments du Maroc announced a MAD1.2bn (US$118.7m) improvement in its net loss to MAD-155m in 2016. Operating income reached MAD1.292bn in 2016, a 9.8 per cent increase when comp...
Egypt: Alexandria Cement reports EGP34.1m in 4Q16
Alexandria Cement posted a profit of EGP34.1m (US$1.93m) in 4Q16, a significant improvement of its business result when compared with the EGP98.5m loss posted in 4Q15.
Holcim Croatia boosts revenues thanks to exports
Holcim Croatia saw its revenues rise by seven per cent YoY in 2016 as it improved exports. In addition, the company reduced its expenditures and kept cash flow high. However, th...
Vicat
Vicat’s turnover eased by 0.2 per cent in 2016 to EUR2453.8m while EBITDA was up by the 3.2 per cent to EUR458m, while at unchanged exchange rates and other parameters there wou...
Buzzi Unicem
Buzzi Unicem's turnover improved by a marginal 0.3 per cent in 2016 to EUR2669m, with a like-for-like improvement of 1.7 per cent after adjusting for some eastern European curre...