Cement News tagged under: financial business results
Breedon Group Plc records revenue of GBP1232.5m in 202109 March 2022, Published under Cement NewsBreedon Group Plc announced revenue from audited annual results for the year ended 31 December 2021 totalling GBP1232.5m, up 33 per cent from GBP928.7m in 2020. Profit before tax amounted to GBP114.3m compared to GBP48.1m in 2020, a rise of 138 per cent. Statutory EBIT reached GBP127.4m, up 107 per cent when compared to GBP61.6m in 2020. On a like-for-like (LfL) basis and compared to 2019, aggregates volumes increased 12 per cent, asphalt volumes 20 per cent and cement volumes by 14 per ... |
Dangote Cement's pan-African sales rise 9% in 202104 March 2022, Published under Cement NewsDangote Cement Group 's total pan-African volume represents 37 per cent of group volumes. Sales volumes across its African operations were 10.9Mt in 2021, up 8.7 per cent. Pan-African revenues of NGN397.3bn (US$955.1m) were 24.7 per cent higher than in 2020 and represented 29 per cent of total group revenue. The region achieved a record-high EBITDA of NGN88.8bn. Cameroon The Douala plant in Cameroon sold 1.4Mt of cement in 2021, up three per cent compared to the same period last year. ... |
Dangote Cement reports group revenue of NGN1383.6bn in 202103 March 2022, Published under Cement NewsDangote Cement reported that for the year ended 31 December 2021, group revenue reached NGN1383.6bn (US$3.327bn), up 33.8 per cent on 2020. The group recorded a record EBITDA of NGN684.6bn. Pan-African EBITDA totalled NGN88.8bn, a rise of 24.6 per cent. Net debt reached NGN225.1bn. In total, manufacturing costs increased by 25.8 per cent to NGN551bn from NGN437.9bn in 2020. Materials consumed cost increased by 30 per cent to NGN175.4bn, while fuel and power cost advanced by 34.4 per cent ... |
AdBri records revenues of AUD1569m in 202101 March 2022, Published under Cement NewsAdBri reported revenue of AUD1569.2m (US$1135m) compared to AUD1454.2m in 2020 with increased sales volumes experienced for all products other than lime. Strong sales demand was seen across all market segments, including residential, commercial, infrastructure and mining. Reported net profit after tax (NPAT) attributable to members increased from AUD93.7m to AUD116.7m. Net debt increased by AUD65.3m to AUD437.4m at 31 December 2021, representing a leverage ratio of 1.6 times under... |
Holcim records net sales of CH6834m in 202128 February 2022, Published under Cement NewsHolcim recorded net sales of CH6834m (US$7367m) for 2021 were up 11.3 per cent on a like-for-like (LfL) basis and 16 per cent higher in Swiss francs, compared to the prior year. The record growth in net sales was driven by volume growth in all regions and business segments and strong pricing. Cement sales in 2021 totalled 200.8Mt, up from 190.4 per cent in 2020, a rise of five per cent LfL. Aggregate sales reached 269.9Mt up from 256.3Mt in 2021, or 3.9 per cent higher LfL. Ready-m... |
Afyon Cimento increases turnover by 53% in 202124 February 2022, Published under Cement NewsÇimsa 's subsidiary Afyon Çimento increased its turnover in 2021 by 53 per cent compared to the previous year, from TRY270m (US$19.5m) to TRY413m. Net profits rose from TRY17m to TRY77m with an increase of 351 per cent. Çimsa General Manager, Umut Zenar, said, "Despite the changing world order as of 2020 and the economic conditions affected by this, we achieved successful fi nancial results in 2021. As Afyon Cement, we strengthen our in fl uence in the domestic market with our ex... |