LafargeHolcim 2Q16 results
LafargeHolcim released its second quarterly results today, which reported net sales of CHF7.28bn (US$7.47bn). Adjusted operating EBITDA (excluding merger, restructuring and othe...
Business Results
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LafargeHolcim
LafargeHolcim has agreed to sell Lafarge India to the Indian conglomerate Nirma Ltd for around US$1400m. It will be Nirma’s first investment in the cement sector and comes in sp...
HeidelbergCement
HeidelbergCement's first-half results show a one per cent reduction in turnover to EUR6407.0m but EBITDA improved by 5.8 per cent to EUR1112.1m, while the trading profit advance...
Cemex
Cemex' first-half turnover declined by 2.1 per cent to US$6881.5m, while EBITDA did improve by 4.8 per cent to US$1353.8m. The trading profit improved by 2.7 per cent to US$841....
Italcementi
Italcementi’s subsidiary Ciments Français has agreed to the sale of its subsidiary Compagnie des Ciments Belges (CCB) and its subsidiaries to the Cementir subsidiary Aalborg Por...
Italcementi hit by restructuring and impairment charges
Italcementi's first-half turnover declined by 2.1 per cent to EUR2122.6m and running EBITDA was 7.6 per cent lower at EUR300m. Hit by restructuring and impairment charges, the t...
Qatar Cement signs US$100m deal with Saudi investors
The Qatar National Cement Company has agreed a US$100m financing deal with Samba Financial Group of Saudi Arabia, the Peninsula newspaper reports.
UAE: Sharjah Cement profits fall 17% in 2Q16
Sharjah Cement and Industrial Development Co reported a 17 per cent fall in 2Q16 profits, according to a bourse statement. Profits reached AED17.8m (US$4.84m), compared to AED21...
Union Cement reports 5.1% rise in profits for 2Q16
Union Cement in the UAE saw a 5.1 per cent YoY rise in 2Q16 profits to AED29.72m from AED28.27m in 2Q15.
Strong Europe performance boosts HeidelbergCement 2Q16 results
A robust performance in Europe has contributed to HeidelbergCement’s improved 2Q16 results. The Germany-based building materials producers reported second-quarter sales of EUR3....