Cement News tagged under: europe
Lafarge's final full year turnover and EBITDA in decline18 February 2015, Published under Cement NewsLafarge's turnover eased by 1.9 per cent to EUR12,843m in 2014 and the EBITDA came off 2.6 per cent to EUR2721m, having fallen by 9.4 per cent in 2013. Including share of associates, turnover eased by 0.2 per cent to EUR15,167m and the EBITDA by 0.4 per cent to EUR3091m. The trading profit was off by 2.9 per cent to EUR1,881m, but was 0.4 per cent ahead at EUR2084m including associates and carbon credits received recovered from EUR14m to EUR37m. Net financial charges declined by a furthe... |
Buzzi Unicem sees improvements in the USA and Czech Republic11 February 2015, Published under Cement NewsBuzzi Unicem's turnover eased by 0.1 per cent last year to €2506m, but ignoring the exchange rate effect there would have been a 3.4 per cent improvement. Net debt at the end of December was 3.1 per cent below the level seen a year earlier at €1063m. Group cement deliveries in 2014 increased by 1.8 per cent to 25.1Mt and ready-mixed concrete deliveries improved by 1.4 per cent to 12Mm³. Domestic reduction in line with overall market Buzzi Unicem's Italian turnover declined by a furt... |
Cementir increases profit and reduces debt06 February 2015, Published under Cement NewsCementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but at constant currencies there would have been a 5.3 per cent increase. The EBITDA, however, improved by 13.4 per cent to EUR192.4m, in spite of negative exchange rate movements though it was boosted by non-recurring credits of around EUR12m. As a result, the margin improved from 17.2 per cent to 20.3 per cent, or to 19 per cent excluding non-recurring items. The trading profit again showed a more marked advance, ri... |
Vicat increases cement shipments by 13.7%04 February 2015, Published under Cement NewsVicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent on a like-for-like basis. Turnover in cement advanced by 13.7 per cent to €1261m, or €1483m before deducting inter-group transfers. Aggregates and concrete sales declined by 1.8 per cent to €860m, while other activities saw turnover edging ahead by 0.3 per cent to €301m. Cement accounted for 53.7 per cent of turnover, up from the 50.6 per cent shown in the previ... |
CRH strikes deal to acquire €6.5bn Holcim and Lafarge assets02 February 2015, Published under Cement NewsCRH has reached a deal to acquire €6.5bn in the assets of Lafarge and Holcim who are restructuring to win regulatory approval for their planned merger. The deal will significantly expand CRH’s globally footprint in the cement industry by acquiring new facilities in the Philippines, Canada, Brazil and several countries in Europe. Commenting on the acquisitions, CRH chief executive Albert Manifold said: “This transaction represents a significant value creation opportunity for CRH. We are acqu... |
FLSmidth concludes Cembrit sale02 February 2015, Published under Cement NewsFLSmidth has now successfully closed the divestment of Cembrit to Solix Group AB, to sell all shares in Cembrit Holding A/S at a price of DKK1.1bn (enterprise value on a debt-free basis). Cembrit is one of the leading distributors and manufacturers of fibre-cement products in Europe. The deal was initially announced in mid-January 2015 and concludes FLSmidth's divestment of building materials companies. |
CRH withdraws from aerated concrete in Poland30 January 2015, Published under Cement NewsThe Polish CRH subsidiary Grupa Ozarow has now received Polish competition authority approval to sell its aerated concrete subsidiary Grupa Prefabet SA to the Danish aerated concrete producer H+H International. The deal values Grupa Prefabet at just over €14m and the move is aimed at reducing the fragmentation in the highly competitive Polish aerated concrete market. |
Cemtech Europe 2015 - Vienna, Austria23 January 2015, Published under Cement NewsCemtech Europe 2015, hosted in the historic city of Vienna on 20-23 September, attracted cement industry professionals from 35 countries for three days of discussions dedicated to the latest advances in cement manufacturing technology and market insights. The agenda covered key themes such as alternative fuels utilisation, energy efficiency and process optimisation, and plant management, whilst also drawing on inspiration from Austria’s long tradition in cement manufacturing and as a... |
Polish output up 6.8% YoY09 January 2015, Published under Cement NewsFull year Polish cement production increased 6.8 per cent YoY in 2014 to 15.4Mt, according to the country's cement association. Cement production edged up by 1.9 per cent YoY to 861,7000t in December, while sales were ahead by 805,800t, Poland's Cement Producer Association said in a statement. |
Holcim and Cemex close their series of transactions in Europe06 January 2015, Published under Cement NewsHolcim and Cemex today announce the successful closure of their series of transactions in Europe. Holcim acquired Cemex’s operations in western Germany and The Netherlands while Cemex took over Holcim Czech Republic with all its subsidiaries in the country. In Spain, Cemex purchased Holcim’s Gador cement plant and Yeles grinding station, while Holcim keeps its remaining operations. As a result of the transactions, Cemex paid Holcim EUR45m in cash. Holcim said it expects sustainable ad... |