Qassim Cement profits fall 17% in 1Q16
Saudi Arabia’s Qassim Cement saw its profits drop 16.8 per cent YoY to SAR135.4m (US$36.1m) from SAR162.7m. The fall in profits has been attributed to an increase in cost of sal...
Business Results
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Ukraine: Volyn Cement posts 2015 rise in net revenue, but loss deepens
Volyn Cement, one of the top-three producers in Ukraine, posted a 23 per cent rise in net revenue from UAH754.892m (US$29.46m) in 2014 to UAH860.352 in 2015. However, the compan...
India: Sagar Cements reports 16% rise in March sales
India’s Sagar Cements Ltd reported a 16 per cent increase in March sales from 170,410t in 2015 to 197,583t. Sales were particularly strong in Andhra Pradesh and Telangana, where...
LafargeHolcim
The LafargeHolcim subsidiary Bamburi Cement in Kenya increased its turnover by nine per cent to KES39,200m (EUR30m). After an investment income 7.2 per cent higher at KES374m (E...
HeidelbergCement
HeidelbergCement's turnover increased by 6.7 per cent last year to EUR13,465m and EBITDA improved by a 14.2 per cent to EUR2612.7m and the trading profit advanced by 15.7 per ce...
Cemex
Cemex has agreed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53m. In Thailand there is an integrated works at Saraburi with a clinker...
Italcementi
Italcementi’s Moroccan subsidiary Ciments du Maroc increased its turnover last year by 8.5 per cent to MAD3730m (EUR346.89m) and the trading profit advanced by 14.8 per cent to ...
CRH
CRH's turnover rose by 25 per cent in 2015 to EUR23,635m while EBITDA advanced by 35.2 per cent to EUR22,198m. The trading profit increased by 39.3 per cent to EUR1277m. The net...
Buzzi Unicem
On a turnover 6.2 per cent higher at EUR2662.1m, Buzzi Unicem's EBITDA increased by 11.9 per cent to EUR473.2m, helped by changes in the scope of consolidation and exchange rate...
Vicat
Vicat’s turnover improved by 1.5 per cent in 2015 to EUR2457.9m and EBITDA was up by the same percentage to EUR448m, while at unchanged parameters there would have been declines...