Dangote reports 60% rise in sales in 1H16
Dangote Cement announced its unaudited results for the six months ended 30 June 2016. The company saw its revenue grow by 20.6 per cent to NGN292.2bn (US$925m) but lower selling...
Business Results
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Titan's US business continues to advance
Titan's first-half turnover improved by 7.6 per cent to EUR723.8m and EBITDA was ahead by 13.5 per cent to EUR119.5m. Following an increase in the depreciation charge of a modes...
Cementir expands into Belgium
Cementir's turnover improved by 1.1 per cent to EUR481m in first half of the year, as the improvements in Denmark, Norway and Sweden as well as Malaysia made up for lower result...
Pakistan: FECTC to add 0.95Mta capacity
One of Pakistan's smaller cement companies, Fecto Cement Ltd (FECTC) is reported to plan a new cement plant in Kalar Kahar, Chakwal district, Punjab.
Cemex Latin American Holdings sees improved cement volumes in Colombia
Cemex Latin American Holdings' first-half turnover fell by 10.1 per cent to US$672.1m, while EBITDA came off by 4.4 per cent to US$226.1m. At the trading level there was a 4.3 p...
Cemex reports 6% rise in net consolidated sales and EBITDA
Cemex reported a six per cent YoY rise – on a like-for-like basis for the ongoing operations and adjusting for currency fluctuations – in net consolidated sales for the second...
India: Ambuja and ACC report profit rises for 2Q16
LafargeHolcim’s Indian subsidiaries ACC and Ambuja Cements have both reported an increase in profits for the second quarter of 2016.
Spain: Cementos Portland improves loss
Cementos Portland reported a loss of nearly EUR36.8m (US$40.5m) in the first half of 2016, a 7.9 per cent YoY improvement when compared with the EUR39.9m loss in 1H15. EBITDA im...
Eagle Materials advances cement volumes by 13%
In the first quarter of its financial year to 31 March, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, increased by 3.3 per cent to US$...
HeidelbergCement India sees revenue rise by 7.2%
In its earnings statement for 1QFY16-17, HeidelbergCement India reported that its revenues rose by 7.2 per cent YoY, while net profits rose from INR34.4m (US$0.5m) to INR262.6m ...