Saudi Cement net profit rises 32.3% in 2012
Saudi Cement Company said today its net profit for 2012 rose 32.3 per cent YoY to SAR1.1bn (US$293m) thanks to higher demand. Earnings per share stood at SAR7.2, up from SAR5.43...
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FLSmidth orders up 15% while EBITDA rises 9% in 2012
In its newly-released 2012 annual report, Denmark-based cement plant maker FLSmidth & Co A/S announced a 15 per cent increase in its order intake, bringing the figure to DKK27.7...
India: Ambuja Cement Q4 net down by 30%
Ambuja Cement, India's fourth-largest cement maker, slipped considerably in its latest quarterly performance. The Holcim-owned cement major's profitability for the December quar...
Cemex full-year turnover eases, EBITDA improves
Cemex has reported its full-year 2012 results which show decline in turnover but advance in EBITDA. Net debt is reduced but interest charge and gearing rise.
ACC sees 49 per cent drop in quarterly profit
India’s second largest cement producer ACC reported a 49 per cent YoY drop in net profit for the third quarter of the current fiscal.
Earthquake reconstruction efforts boost Sumitomo Osaka’s nine month operating profit
Sumitomo Osaka Cement is expected to report a strong gain in operating profit for the first nine months of the fiscal year on the back of earthquake reconstruction efforts. The ...
HeidelbergCement advances in Asia and Africa, but does less well in Europe
The preliminary figures from HeidelbergCement show an 8.7 per cent advance in turnover last year to €14,020m, or by 4.2 per cent on a comparative basis.
Cemex Lat'Am publishes 2012 results
As a result of the flotation of a minority stake in the Central and South American operations of Cemex, Cemex Latin American Holdings' 2012 results have just been published for ...
Italcementi: European decline largely offset by Asian improvement
Italcementi's group cement shipments in 2012 saw a decline of 6.6 per cent to 45.9Mt with cement volumes being down in Europe and in the Middle East, but improving elsewhere.
Eagle Materials trading profit almost trebles, USA
Eagle Materials' turnover, including its share of the Texan cement joint venture with HeidelbergCement, rose by 22.7 per cent to US$366.32m for the six months to the end of Sept...