PPC FY23-24 results bolstered by strong Zimbabwe performance
PPC has reported revenue of ZAR10,058m (US$551.8m) in FY23-24 (ended 31 March 2024), marking a 20.6 per cent increase from ZAR8339m in the same period a year earlier. According ...
Ppc
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PPC concludes 51% CIMERWA stake disposal
PPC has concluded the sale of its 51 per cent stake in CIMERWA , Rwanda. The South Africa-based cement producer sold its shareholding for US$42.5m to National Cement Holding Ltd...
PPC welcomes new executive committee
South African cement producer PPC has restructured its executive committee to help boost the company’s profitability amidst forecasts of low cement demand across the country, ac...
New PPC CEO confirmed
Following the finalisation of his work permit, Matias Cardarelli has now been confirmed as the new chief executive officer of PPC Cement . He takes over from Roland van Wijnen, ...
PPC reports 21% advance in revenue in 1HFY24
PPC has posted revenue of ZAR6172m (US$335.2m) in the 1HFY24 (ended 30 September 2023), up 20.9 per cent YoY. EBITDA advanced from ZAR728m in the 1HFY23 to ZAR1069m in the same ...
PPC sells Cimwera to National Cement Holding Ltd for US$42.5m
PPC Ltd has completed the sale of its 51 per cent stake in Rwandan cement producer Cimerwa to National Cement Holding Ltd for a cash consideration of US$42.5m. The deal is a sig...
Zimbabwe drives PPC's positive outlook
South Africa’s PPC has said it expects positive earnings for the six months ended 30 September, 2023. According to news service Pindula, the company has forecast a growth rate o...
PPC Zimbabwe managing director steps down
PPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the company in 1994 as a trainee electrical engineer at the Collee...
PPC opens new Highveld blending plant
South Africa’s PPC has opened its new Highveld blending plant in Emalahleni in the Mpumalanga province. According to the company, the new facility demonstrates PPC’s ongoing com...
Zimbabwe boosts PPC sales growth
PPC has recorded a three per cent advance in sales volumes in the five months to August 2023, compared to the same period in 2022, reports The Herald Zimbabwe. According to the ...