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Kuwait Portland Cement net profit surges

Kuwait Portland Cement net profit surges

Cement trader Kuwait Portland Cement said in a bourse statement yesterday its net profit surged to KWD4.74m (US$16.8m) in the first half of 2012 from KWD1.11m a year ago. The ea...

Buzzi Unicem improves profit at lower volumes

Buzzi Unicem improves profit at lower volumes

Buzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining i...

Siam City Cement 2Q net profit falls, Thailand

Siam City Cement 2Q net profit falls, Thailand

Siam City Cement Plc (SCCC), Thailand's second-largest cement producer, reported a 30.5 per cent drop in 2Q net profit although sales increased by more than 12 per cent as opera...

European cement majors: first half trends

European cement majors: first half trends

The last week has seen three leading European cement majors release first-half 2012 results: Lafarge, HeidelbergCement and Italcementi. The latest figures appear to confirm the ...

CRH: July '12

CRH's spending on acquisitions during the first half of the year amounted to €244m. The €155m spent in Europe and Asia included an equity injection into Yatai Building Materials...

Italcementi: July '12

Italcementi's 1H turnover came off by 4.9 per cent to €2299.8m while the running EBITDA declined by 11.6 per cent to €328.7m. The trading profit fell by 37.4 per cent to €100.6m...

Cemex: July '12

Cemex' 1H turnover declined by 2.1 per cent to US$7373.1m, but the EBITDA did improve by 9.4 per cent to US$1273.2m and the trading profit rose by 40.7 per cent to US$611.9m. Ne...

HeidelbergCement: July '12

The Bosnian HeidelbergCement subsidiary Tvornica Cementa Kakanj is expecting a volume reduction of between 10-14 per cent this year. This would take consumption down to 40 per c...

Lafarge: July '12

Lafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €10...

Ivano-Frankivskcement  2011 results restated

Ivano-Frankivskcement 2011 results restated

Ivano-Frankivskcement finished the full year of 2011 with a net profit of UAH6m, according to a report by Ukrainian News. In 2011, the enterprise increased its net revenue by 23...