Taiheiyo Cement full-year pretax profit seen beating estimates
Japan’s leading cement producer, Taiheiyo Cement Corp, is expected to have posted a 70 per cent YoY rise in pretax profit for the fiscal year to the end of March 2013. Net pr...
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Cost cuts, improved pricing boost Holcim 1Q
Higher prices, cost savings from its efficiency programme as well as the sale of a stake in Cement Australia helped Holcim compensate for harsh first-quarter winter weather whi...
HeidelbergCement net loss widens, confirms 2013 outlook
HeidelbergCement said its first-quarter loss widened in the first quarter of 2013 compared to a year ago as sales were impaired mostly by a weak European market. However, the G...
CRH sees US operations offsetting weaker European market
In trading statement released today, CRH said the first four months of 2013 were affected by adverse weather conditions but expects growth in the second half to be led by its U...
Lafarge Wapco pretax profit rises over 20%, Nigeria
Lafarge Wapco's first-quarter pretax profit rose by 20.64 per cent YoY to NGN7.19bn (US$45.5m), compared to NGN5.96bn in the same period of last year. Revenues rose to NGN23...
Lafarge sales down on 1Q weather effect, confirms 2013 goals
Lafarge reported a six per cent decline in sales in the three months to the end of March as it was impacted by harsh winter weather conditions and production issues in Algeria ...
Italian and French winters again disrupt Italcementi
Italcementi's first-quarter turnover declined by 9.3 per cent to €964.8m and the running EBITDA fell by 32.7 per cent to €88.5m. The €21.3m trading profit a year earlier droppe...
Kuwait Portland Cement net profit surges
Kuwait Portland Cement said its net profit surged to KWD3.2m (US$11.3m) in the first quarter of 2013 from KWD2.3m a year ago, the trader said in a bourse statement. Earnings...
Boral's 3Q earnings hit by weak residential market, Australia
Australian building materials major, Boral Ltd, announced that continued weakness in the domestic housing sector and weaker-than-expected results from its Construction Material...
Dyckerhoff sees advances in Russia, USA volumes stable
Dyckerhoff Group, a Buzzi Unicem subsidiary, reported a decline in sales for the first three months to the end of March 2013 due to unfavourable weather conditions. In an adva...