Nigeria: Ashaka trebles profit in 1H14
Nigerian Lafarge subsidiary Ashaka Cement has reported a 1H14 profit after tax of NGN3.51bn (US$21.5m), a 201 per cent increase than its 1H13 figure of NGN1.15bn. Pretax profits...
Business Results
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Lafarge
The proposed merger with Holcim is likely to result in the sale of Lafarge's operations in Romania, Germany, the Mannersdorf works in Austria, the wholly-owned operations on Réu...
Cemex
Cemex' first-half turnover improved by 5.7 per cent to US$7.737bn and EBITDA edged ahead by 1.5 per cent to US$1.27bn, while the trading profit improved by 4.5 per cent to US$72...
Italcementi
Italcementi's first-half turnover declined by six per cent to EUR2.048bn, but running EBITDA did improve by 2.2 per cent to EUR304.8m. Helped by a 6.2 per cent reduction in the ...
Molins more than doubles first-half profit
Cementos Molins recorded a profit of EUR17.9m in the first half of 2014, effectively more than doubling its 1H13 figure, on the back of its international business, said the comp...
Ashaka Cement 1Q14 profit after tax rise 69%
Ashaka Cement's 1Q 2014 results showed that profit before tax and profit after tax grew strongly by 74 and 69 per cent to NGN2.8bn (US$17.5m) and NGN1.9bn, respectively when com...
Eagle Materials boosted by acquisition
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine months to 31 December 2013 rose by 37.2 per cent to US$757m. The...
Lafarge
Lafarge has agreed the sale of its 53.3 per cent stake in its Honduras subsidiary Lafarge Cementos SA de CV to Cementos Argos for €232m, subject to the necessary official approv...
USA: TXI 1Q13 results reap the benefits of new line start-up
Texas Industries Inc saw first quarter turnover increase by 33.6 per cent to US$233.1m, while corporate overheads were reduced by 15 per cent to US$8.7m and the EBITDA advanced ...
Uzbekistan: Akhangarancement records steady 7M13 results
Akhangarancement, part of the Russia-based Eurocement group, has reported a steady growth in its key performance indicators for the first seven months of the year.