Cementir hit by hard Nordic winter
Cementir's first-quarter turnover eased by 0.3 per cent to €194.7m and the EBITDA declined by 26.9 per cent to €9.2m as the cement major was hit by a hard Nordic winter weather.
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Siam City Cement 1Q sales rise, net profit hit by higher costs, Thailand
Siam City Cement Co (SCCC), Thailand’s second-largest cement producer, reported a decline in operating and net profit for the 1Q13 despite a rise in sales as higher electricity ...
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.
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 whic...
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 Ge...
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 US...
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.
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 a...
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 dropped...
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 per...