Business Results

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Dangote sees 53%  pretax profit rise, Nigeria

Dangote sees 53% pretax profit rise, Nigeria

Dangote Cement plc announced a NGN107.7bn (US$670m) profit before tax for the first half ended 30 June 2013. According to the firm’s six-month financial result released to the N...

Cementir improves first-half margins

Cementir improves first-half margins

Cementir's turnover improved by 2.2 per cent to EUR472.4m (US$627.6m) during first half of the year as improvements in the Far East, the Americas, Norway and Turkey more than co...

Cementos Portland Valderrivas reduces losses

Cementos Portland Valderrivas reduces losses

Spain’s Cementos Portland Valderrivas cut losses by nearly 99 per cent to EUR0.6m (US$0.8m) despite a sharp decline in domestic cement demand. In the 1H12, the company had made ...

HeidelbergCement India notes INR80m 1Q13-14 loss

HeidelbergCement India notes INR80m 1Q13-14 loss

Higher input costs as well as a rise in fuel and power costs pushed HeidelbergCement’s Indian subsidiary into the red. The company reported a loss of INR79.5m (US$1.34m) for the...

Holcim

Holcim Philippines reported record volumes in 2012. Cement shipments, which had declined by five per cent in 2011, rose by 21 per cent. Turnover grew by more than a quarter to P...

Lafarge

Lafarge's Greek subsidiary Heracles General Cement Company is closing down its Halkis works permanently, thereby reducing capacity by 2.3Mta. The Halkis works, which had been su...

HeidelbergCement

HeidelbergCement's turnover improved by 8.9 per cent last year to EUR14,020.2m (US$17,927m) while the EBITDA was ahead by 6.7 per cent to EUR2477.2m. At the trading level, the i...