CRH reports 1Q22 revenue growth of 15%
CRH has reported 1Q22 revenues establishing a growth 15 per cent, up 13 per cent LfL. The Europe Materials division grew at 18 per cent in organic terms while the Americas Mater...
Financial Business Results
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Votorantim Cimentos' regional results in 2021 reach almost record levels
Votorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and r...
Votorantim Cimentos reports net profits of BRL1.6bn in 2021
Votorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sale...
Northern Region Cement Co announces net profits of SAR107m in 2021
Northern Region Cement Co has achieved net profits after zakat (charitable donations) and tax worth SAR106.67m (US$28.4m) in 2021, a decline of 1.4 per cent from SAR108.22m in 2...
Buzzi Unicem records strong growth in Italy in 2021
Buzzi Unicem has announced its consolidated financial results of 2021 which saw cement and clinker sales rise by 6.7 per cent to 31.2Mt from 29.25Mt in 2020. EBITDA reached EUR7...
PPC Zimbabwe forecasts 25% rise in domestic cement demand
PPC Zimbabwe has projected a 25 per cent increase in cement demand in the local market spurred by government funded projects and rising retail demand. Zimbabwe’s government attr...
SigmaRoc records turnover of GBP49.3m in 2021
Building material producer SigmaRoc plc has announced its audited results for the year ended 31 December 2021 with turnover more than doubling to GBP272m and underlying EBITDA r...
Holcim Philippines' net income reaches PHP2.6bn in 2021
Holcim Philippines ( Holcim group ) saw higher profits in 2021 as it shielded margins from higher costs by raising prices. Holcim Philippines President and CEO, Horia Adrian, sa...
China Resources reports turnover of HKD44bn in 2021
China Resources Cement announced consolidated turnover amounted to HKD44bn (US$5.62bn) in 2021, representing an increase of 9.7 per cent over the previous year. Profit amounted ...
Tabuk Cement Co sees profits fall by 65% in 2021
Saudi Arabia’s Tabuk Cement Co saw its profits drop by 65 per cent in 2021 on the back of lower sales. Profits of the company dropped from SAR51.6m(US$13.8m) to SAR17.8m, accord...