Nuvoco wins the FICCI CSR Award 2018-19 for education
Nuvoco Vistas Corp Ltd has won the Federation of Indian Chambers of Commerce and Industry (FICCI) CSR Award 2018-19 in the Education category for their project ‘Shikshit Sunder...
Covid-19
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Good start to financial year for Pakistani producers
Pakistan's cement industry displayed a robust jump in sales during the first month of the current fiscal year (FY20-21). The significant increase in dispatches also reflected i...
1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelbe...
Vicat's 1H20 results see consolidated sales of EUR1.3bn
Vicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per ...
State Bank reviews the cement industry’s performance for the period 9MFY20
The State Bank of Pakistan released its 3QFY20 report on ‘The State of Pakistan’s Economy’ on 30 July. According to the report, successful stabilisation measures that had foste...
HeidelbergCement's 1H revenue declines by 10% to EUR8.25bn
HeidelbergCement Group revenues decreased by 10.4 per cent to EUR8.254bn compared to EUR9.212bn in 1H19 and the company posted a loss of EUR3.095bn for the 1H20. In addition t...
LafargeHolcim records net sales of CHF10.7bn in 1H20
LafargeHolcim recorded net sales of CHF10.693bn (US$11.7m), a decline of18.1 per cent compared to the prior year of CHF13.059bn, reflecting the severe impact of the implementat...
Breedon Group sees revenue decline by 25% to GBP353.3m in 1H20
Breedon Group Plc announced its interim (unaudited) results for the six months ended 30 June 2020 with revenue reaching GBP353.3m, representing a 25 per cent drop from GBP447.4...
Cemex sales decline by 10% in 2Q20
Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to lo...
Cemex Latam Holdings sales decline 36% in 2Q20
Cemex Latam Holdings, SA announced that in a quarter marked by significant disruption from the COVID-19 pandemic, sales declined by 36 per cent in 2Q20, while EBITDA fell by 32...