Vicat advances in the USA in spite of poor weather in California
Vicat's turnover for the first nine months of the year eased by 0.9 per cent to EUR1867m, which represents an underlying improvement of 3.4 per cent. Turnover in cement was 1.9 ...
Business Results
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Ambuja Cement profits up 80% as Indian profits climb 40% overall
Ambuja Cement has released its Q3 earnings, which show that net profits for the company were up by 80 per cent YoY at INR2.77bn (US$41.5m).
Caribbean Cement posts Q3 loss of US$0.63m
Jamaica-based Caribbean Cement Company has posted a third-quarter loss of JMD81m (US$0.63m), reports the Gleaner newspaper.
India: Dalmia Barat sees 20% volume growth in September
Dalmia Bharat managed 20 per cent volume growth in the July-September quarter compared with the industry's volume growth of two per cent. Due to higher demand, its market share ...
Titan Group 9M16 results boosted by Egypt and US
Titan Group results recorded a significant improvement in the nine months of 2016, reflecting the growth of the US market and the improvement of results in Egypt.
Cemex
During the first nine months of the year, Cemex' turnover eased by 1.9 per cent to US$10,467.4m, while EBITDA was 8.5 per cent ahead at US$2138.1m. The trading profit advanced b...
LafargeHolcim
LafargeHolcim has agreed to sell its 54.3 per cent controlling stake in the Chilean cement producer Cemento Polpaico for some US$225m to Inversiones Caburga, which is controlled...
UAE: Ras Al Khaimah sees 3Q16 profit fall of 85% YoY
Ras Al Khaimah Cement reported a fall of 84.7 per cent YoY in profits during 3Q16, according to a bourse statement. Earnings in the third quarter decreased to AED747,710 (US$203...
Mixed 3Q16 results for Turkey's cement producers
Turkish cement manufacturers Mardin Cimento, Adana Cimento, Unye Cimento, Bolu Cimento and Aslan Cimento have reported their third-quarter results for the July-September 2016 pe...
PT Indocement sees 12% drop in 9M16 sales
In the first nine months of 2016, Indonesia’s PT Indocement Tunggal Prakarsa noted a 12 per cent YoY fall in sales to IDR11.3trn (US$866m).