Ashaka Cement first-half pretax profit falls 54.4%, Nigeria
Ashaka Cement reported a 54.4 per cent decline in first-half 2013 pretax profit to NGN1.65bn (US$10.3m) from NGN3.55bn a year ago. Turnover also fell to NGN11.81bn during the si...
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Vulcan sees main growth coming from the residential market, USA
Vulcan Materials' first-half turnover increased by 3.8 per cent to US$1276.9m and the EBITDA rose by 32.4 per cent to US$192m.
Russia and USA prove Dyckerhoff's only first-half bright spot
German cement major and Buzzi Unicem subsidiary Dyckerhoff AG reported a decline in first-half sales volumes across all its market except Russia and the USA. Consolidated sales ...
Cementos Molins 1H profit falls 58%
Cementos Molins closed the first half-year with a profit of EUR8.3m, 58 per cent down on 1H12. The decline has been attributed to the poor performance of the Spanish subsidiarie...
Siam Cement second-quarter net profit surges
Siam Cement posted a surge in YoY net profit in the second quarter of 2013, boosted by strong earnings in its core businesses including its cement division.
HeidelbergCement raises 2Q13 operating profit
HeidelbergCement, the world’s third-largest cement producer, reported a second-quarter operating profit as it managed to increase prices in its main markets. A rise in demand in...
Italcementi's underlying EBITDA fairly stable
Italcementi's first-half turnover declined by 6.2 per cent to €2156.6m and the running EBITDA was down by 10.6 per cent to €298.6m, with the reduction primarily reflecting excha...
Jaiprakash Associates downgraded, India
Two brokerages have downgraded Jaiprakash Associates Ltd, days after Deutsche Bank also cut its ratings and earnings estimates for the India-based cement producer.
UltraTech first quarter hit by building slowdown
UltraTech Cement, India's largest cement producer, posted a 13.5 per cent YoY decline in its first quarter (April-June 2013), due to slowdown in home building and infrastructure...
Madras Cement quarterly net profit down 44%
Madras Cement’s net profit for the first quarter of 2013-14 dropped by 44 per cent compared to the corresponding quarter of last year.