OYAK Cement full-year operating profit rises 52%
Turkish producer OYAK Cement Group said on Monday its operating profit rose 52 per cent to TRL343m (EUR112m) in 2013. Consolidated sales rose 17 per cent to TRL1.3bn. EBITDA ...
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Malaysia: CMS pretax profit buoyed by cement division
Cahya Mata Sarawak Bhd (CMS) registered a 30 per cent YoY rise in pretax profit to MYR295.27m in 2013, driven mainly by higher earnings from its cement division. The cement s...
Cimpor achieves record cement sales and profits
On a comparative basis, turnover at Cimpor increased by 25.5 per cent last year to EUR2624.5m and the EBITDA rose by 45.5 per cent to EUR691.8m. The trading profit emerged a...
Mexico and Argentina impact 2013 Molins results
The market contraction in Mexico and a devaluation of the Argentine peso impacted the annual results of Cementos Molins. The Spanish company saw profit fall by 77 per cent to ...
Titan: profits decline, other than in the USA
Titan reported a four per cent improvement in turnover for last year to EUR1175.9m, having risen by 3.6 per cent in 2012. The US proved to be a particularly bright spot in 2013...
Macedonia: Cementarnica Usje Skopje net profit increases 12% YoY
Macedonia’s sole cement producer, Cementarnica Usje Skopje, reported that non-consolidated net profit rose 12 per cent to MKD1.48bn (EUR24m) in 2013. Revenue fell by five per...
Mixed full-year performance for Holcim
Holcim reported a mixed performance in 2013 as attributable profit doubled while turnover declined. Overall volumes were down due to weaknesses in key emerging markets, but Eur...
Lucky Cement 1HFY14 net profit rises 20%
Pakistan market leader Lucky Cement reported a 20 per cent rise in net profit for the first half of FY14 boosted by in part by higher prices. Net profit for the six months to...
Holcim's full-year volumes down, net income rises on Leadership Journey initiatives
Holcim reported saw volumes decline in its cement, aggregates and ready-mix concrete segments in 2013, but operating EBITDA margin and net income increased due to the implement...
CRH expects 2014 profit growth
Irish building materials major CRH said 2013 represented a trough in its profits and expects growth in 2014 encouraged by improving trends in the USA and signs of stabilisation...