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Cementir increases profit and reduces debt

Cementir increases profit and reduces debt

Cementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but at constant currencies there would have been a 5.3 per cent increase. The EBITDA, however, improved...

Vulcan’s EBITDA grows by 28 per cent

Vulcan’s EBITDA grows by 28 per cent

Vulcan Materials' turnover increased by 8.1 per cent in 2014 to US$2994.2m and the EBITDA rose by 28.1 per cent to US$99.7m. After a net interest charge 20.2 per cent higher...

Vicat increases cement shipments by 13.7%

Vicat increases cement shipments by 13.7%

Vicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent  on a like-for-like basis. Turnover in cement adv...

Eagle Materials net profit rises by 37.8%

Eagle Materials net profit rises by 37.8%

Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine months to 31 December, rose by 19.1 per cent to US$941.2m. T...

ACC reports 19% rise in 4Q14 profit

ACC reports 19% rise in 4Q14 profit

ACC, India’s second-largest cement manufacturer, reported a 19 per cent jump in profit in the October-December quarter, driven mainly by a substantial tax reversal. Net profi...

Saudi firms’ net profit up 6% YoY

Saudi firms’ net profit up 6% YoY

The net profit of the Saudi cement firms has registered an increase by six per cent in 2014, reaching US$1.56bn compared with US$1.48bn recorded in 2013, Arab News reported. P...

Al Jouf net profit advances 11.6% in 2014

Al Jouf net profit advances 11.6% in 2014

Saudi-based Al Jouf Cement recorded a net profit of SAR60.4m (US$16.1m) for 2014, up from SAR54.1m in 2013, the company said in a statement to the Saudi Stock Exchange. The i...

Siam Cement fourth-quarter net profit up 11% YoY

Siam Cement fourth-quarter net profit up 11% YoY

Siam Cement PCL, Thailand's largest industrial conglomerate, said on Wednesday its 4Q14 net profit rose 11 per cent due mainly to improving margin for its petrochemical busines...