Sinai Cement Co sees 73% increase in 1Q earnings
Sinai Cement Co reported earnings of EGP2016.2m (US$39.9m) in the 1Q25, representing a 73.1 per cent increase when compared with the 1Q24, when earnings came in at EGP1164.9m. T...
Egypt
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Titan Group records sales of EUR638.4m in 1Q25
Titan Group reported strong sales in 1Q25. Thanks to firm pricing and sustained cement volumes and growth in core products in the US and southern European markets, sales rose by...
Vicat reports LfL stable 1Q consolidated sales
For the 1Q25 France-based Vicat has reported stable sales of EUR886m when compared on a like-for-like (LfL) basis. On a reported basis, sales were down 2.7 per cent YoY from EUR...
Mapei expands in Egypt with new 30,000m2 plant
The new facility will produce a broad range of Mapei’s signature products – ceramic adhesives, mortars, concrete admixtures and cement grinding aids – to meet increasing domesti...
Misr Beni Suef Cement net profit surges to EGP833.439m in 2024
Misr Beni Suef Cement Co reported a 93.8 per cent hike in non-consolidated net sales of EGP3.94bn (US$77.1m) in 2024 from EGP2.033bn in the year prior. Stand-alone net profit af...
Misr Cement Group posts 136% jump in net profit
Egypt-based Misr Cement Group reported a net profit of EGP272m (US$5.38m) in 2024, up 136 per cent when compared with 2023. The increase is attributed to the company’s cost opti...
Arabian Cement Co signs 30-year solar power purchase agreement
Arabian Cement Co (ACC), part of Cementos La Union group , has signed a 30-year power purchase agreement (PPA) with IRSC for Renewable Energy Solutions, a leading developer of r...
Sinai Cement returns to black in 2024
In 2024 Vicat -owned Sinai Cement returned a net profit of EGP3.07bn (US$60.8m) when compared with net losses of EGP-121.42m in 2023. Non-consolidated net profits reached EGP3.0...
Cementir's reports Turkish revival in 2024 results
Cementir' s regional results for the 2024 saw strong cement sales in Türkiye and stable sales in Denmark and USA, but elsewhere cement performances came under pressure from slow...
Cementir posts 2024 results with gross profits down 7 %
Cementir ’s Board of Directors released the company’s financial statements for the year ended 31 December 2024. Profit before taxes was EUR295.3m, down 6.5 per cent on EUR315.8m...