Breedon reports strong trading in 1Q21
Breeding announced encouraging trading in the first three months of the year. There was good demand in the GB market, where the business benefitted from contributions from the C...
Business Results
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HeidelbergCement updates markets on preliminary 1Q21 expectations
HeidelbergCement AG's preliminary 1Q21 financial figures deviate significantly from current capital market expectations. Preliminary revenue amounts to EUR3958m (previous year: ...
Twiga Cement saw profits rise 25% in 2020
Tanzania Portland Cement (Twiga Cement) saw its pretax profit rise 25 per cent YoY to TZS107.42bn (US$46.3m) in 2020, against TZS85.87bn in the previous year. The company’s turn...
Oman Cement Co reports 16% decline in revenue
Oman Cement Co has reported a 15.8 per cent decline in total revenue to OMR11.76m (US$30.6m) in the first quarter of 2021, compared to OMR13.9m in the 1Q20. Net profit also fell...
Raysut Cement announces 5% rise in revenue
Oman’s Raysut Cement Co has reported a five per cent increase in total revenue to OMR26.9m (US$69.95m) in the first quarter of 2021, compared to OMR25.6m in the year-ago period....
Eagle Cement reports 30% fall in net sales
Philippine-based Eagle Cement Corp has reported a net income of PHP3.4bn (US$70.02m) in 2020, down 44 per cent YoY as a result of lockdown measures imposed in mid-March. "The ha...
Kohat Cement returns to profit in 3Q
Pakistan’s Kohat Cement has posted a net profit of PKR1.059bn (US$6.92m) in the quarter ending 31 March 2021, compared with a PKR381.08m loss in the same period last year. Total...
Votorantim ends 2020 with net revenue of BRL16.7bn
Votorantim Cimentos ended 2020 with global net revenue of BRL16.7bn (US$2.98bn), an increase of 29 per cent compared to 2019. This result can be primarily explained by the incre...
Qatar National Cement sees 38% rise in sales
Qatar National Cement has reported a 38.4 per cent YoY rise in sales to QAR229.85m (US$63.14m) for the first quarter of 2021, compared to QAR166.1m in the year-ago period. Net p...
Votorantim's regional results rise in 2020
According to the National Cement Association (SNIC) cement sales in Brazil grew 11 per cent YoY in 2020, which also boosted the recovery of prices in the local market. The growt...