Cement News tagged under: cement volumes

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Breedon Group reports 18% revenue increase

26 July 2019, Published under Cement News

UK-based Breedon Group has reported an 18 per cent YoY rise in revenue to GBP447.4m for the first six months of 2019. Pretax profit advanced 30 per cent to GBP39.5m, compared to GBP30.4m in the 1H18. Ready-mix concrete volumes fell five per cent from 1.6Mm 3 to 1.5Mm 3 , but cement sales were up from 0.9Mt to 1Mt in the 1H19. The company also saw aggregate sales climb six per cent to 9.9Mt from 9.3Mt. "The period began well, with benign weather in the first quarter and generally healthy...

Cementos Argos dispatched 16Mt of cement in 2018

25 March 2019, Published under Cement News

Cementos Argos has released its financial figures and strategic milestones of 2018 during the shareholders' annual meeting. Cementos Argos reported a consolidated EBITDA of COP1.54bn (US$491.7m) and a growth of eight per cent. The company dispatched 16Mt of cement and 10.3Mm 3 of concrete generating income of COP8.4bn. Net income was COP178.563m in 2018. Regional summaries US cement dispatches in 2018 amounted to 5.7Mt, while concrete dispatches reached 7Mm 3 . This raised US$1.5bn inco...

Experts list reasons for Pakistan's cement slowdown in 7MFY19

08 February 2019, Published under Cement News

The Pakistan cement industry recorded a negative growth on domestic dispatches during the month of January 2019. As per APCMA data, local cement sales for the month came in at 3.1Mt, down a sharp 18 per cent YoY. According to Intermarket Securities, the slowdown in local cement dispatches has been in place since elections and appears to be gathering pace. This could be attributable to lower PSDP disbursements, a more challenging macroeconomic environment and legal challenges on major priv...

HeidelbergCement sees positive 2H18

03 August 2018, Published under Cement News

This week HeidelbergCement reported on its 2Q18 results , which saw healthy growth in all business areas. Cement and clinker sales were up 3.5 per cent to 33.7Mt while aggregate volumes saw a 5.2 per cent rise to 85.7Mt. Ready-mix concrete sales volumes advanced 4.2 per cent to 12.7Mm 3 . Western and southern Europe saw total revenues advance by 5.3 per cent in 2Q18 to EUR1.363bn. Operating EBITDA decreased 2.1 per cent to EUR213m. Cement sales were particularly strong as volumes increas...

GCC reports record 11M cement sales

14 December 2017, Published under Cement News

Grupo Cementos de Chihuahua SAB de CV (GCC) reports total cement sales volumes for the company reached almost 4Mt for the January-November period, a new record for the company. GCC's total cement sales volumes increased 18.2 per cent in the first 11 months of 2017, after strong cement sales in October and November in the USA. GCC's Chief Executive Officer, Enrique Escalante, said: "GCC reached record cement sales volumes as a result of strong demand and high level of backlog in our co...

Government data indicates growth in Pakistan cement sector

22 August 2017, Published under Cement News

Pakistan's large-scale manufacturing sector increased by 5.6 per cent during FY16-17 compared with the previous year, with government officials attributing this growth to progress achieved in a number of industries, including the cement sector. According to the country's Federal Bureau of Statistics, Pakistan's cement output increased by 4.48 per cent YoY to 37.02Mt . However, in the final month (June 2017) of fiscal year FY16-17, production declined by 11.16 per cent YoY to 2.6...