Arabian Cement sees 32% hike in 1Q sales
Arabian Cement Co reported a 287 per cent increase in consolidated net profits after tax of EGP590.37m (US$11.9m) in the 1Q25 from EGP152.64m in the 1Q24. The rise in profit com...
North Africa
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South Valley Cement losses deepen
South Valley Cement saw a 101 per cent rise in sales to EGP660.198m (US$13.3m) in the 1Q25 from EGP328.379m in the 1Q24. However, the company increased its losses after tax more...
Moroccan cement market expands 32% in April
Cement sales in Morocco have jumped by 32 per cent to 1.145Mt in April, according to the country's Finance Ministry. The ready-mix sector increased its off take by 34 per cent Y...
Restructuring of Ciments de Bizerte underway
During a meeting at its headquarters, Tunisia's Ministry of Industry, Mines and Energy, Fatma Thabet Chiboub highlighted the need to support Les Ciments de Bizerte in its restru...
Ciments de Bizerte posts historic loss in 2024
Tunisia-based Les Ciments de Bizerte reported a revenue in 2024 of TND27.8m (US$9.2m), down 69 per cent YoY from TND91.3m in 2023. The company widened its gross loss to TND4.6m ...
Votorantim Cimentos posts higher 1Q sales and revenues
Votorantim Cimentos ended the first quarter with a consolidated global net revenue of BRL5.6bn, up one per cent YoY, excluding the effects of changes in foreign exchange rates. ...
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...
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...
Sinoma Cement acquires stake in Jbel Oust
On 15 April an official ceremony was held at the Jbel Oust cement plant in Zaghouan governorate, Tunisia, to mark the US$140m purchase of the Votorantim Ciment stake in the plan...
Timegtane plant resumes operations
GICA ’S Timegtane cement plant in the Adrar region, Algeria, returned to production after a prolonged stoppage. Line 1, with a capacity of 1Mta, resumed operations on 12 April a...