Business Results

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HeidelbergCement buoyed by FY20 results

HeidelbergCement buoyed by FY20 results

HeidelbergCement closed the 2020 financial year with top results in key figures. Group revenue decreased by 6.6 per cent to EUR17,606m ( previous year: EUR18,851m) in comparison...

Tangshan Jidong Cement reports 3% rise in income

Tangshan Jidong Cement reports 3% rise in income

China’s Tangshan Jidong Cement has reported a 2.8 per cent YoY increase in operating income to CNY35.48bn (US$5.46m) for 2020, compared to CNY34.51bn in the previous year. Net p...

RAK White Cement sees revenue down 7%

RAK White Cement sees revenue down 7%

UAE-based RAK White Cement has seen a 34.6 per cent YoY decline in attributable net profit to AED12.69m (US$3.46m) in 2020, compared to AED19.41m in the previous year. Revenues ...

Sharjah Cement sees 26% revenue decline in 2020

Sharjah Cement sees 26% revenue decline in 2020

UAE-based Sharjah Cement has reported a 25.6 per cent decline in revenue to AED431.63m (US$117.53m) for 2020, compared to AED580.1m in the previous year. The cost of sales decli...

Loma Negra reports 21% rise in revenue for 4Q20

Loma Negra reports 21% rise in revenue for 4Q20

Argentina's Loma Negra has announced a 20.6 per cent YoY rise in net revenue to ARS13.26bn (US$160m) for the 4Q20, compared to ARS11bn in the year-ago period. Consolidated adjus...

Breedon announces revenues of GBP928.7m in 2020

Breedon announces revenues of GBP928.7m in 2020

Breedon Group Plc has announced its annual results for the year ended 31 December 2020 when it achieved revenues of GBP928.7m (US$1.29bn) and profit before tax of GBP48.1m, down...

Cementir sees strong regional sales in Turkey

Cementir sees strong regional sales in Turkey

Cementir Holding’s consolidated results for 2020 saw a surge in Turkish local cement demand and exports. This saw an increase in revenues of 53 per cent in local currency and a ...