Macedonia: Cementarnica Usje non-cons net profit falls 5% in 2016
Macedonia’s Cementarnica Usje, a subsidiary of Greece-based cement producer Titan, saw a five per cent YoY decrease in its non-consolidated net profit to MKD1.2bn (US$20.7m) in...
Titan
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Titan America’s Pennsuco Plant receives Zero Waste certification
Titan America’s Pennsuco Complex received its Gold Level Zero Waste Facility, making it the only facility of its kind in the USA to achieve Zero Waste Status. Randy Dunlap, ...
Titan's US business continues to advance
Titan's first-half turnover improved by 7.6 per cent to EUR723.8m and EBITDA was ahead by 13.5 per cent to EUR119.5m. Following an increase in the depreciation charge of a mode...
Titan performs strongly in the USA
Titan's turnover improved by 18.9 per cent to EUR1029.5m in the first nine months of 2015 and EBITDA was up by 12.6 per cent to EUR165.2m, though in the third quarter EBITDA wa...
Titan's US business continues to advance strongly
Titan's first-half turnover improved by 19.9 per cent to EUR672.8m, helped by exchange rate movements, and EBITDA was ahead by 18.3 per cent to EUR105.3m. Following an increase...
Titan achieves better results in USA and Greece
Titan's first-quarter turnover improved 12.7 per cent to EUR283.8m and EBITDA declined by 23.7 per cent to EUR23.2m. The company posted a pretax profit of EUR7.6m versus a loss...
Macedonia: Usje's unconsolidated net profit falls
Macedonia's sole cement producer Usje said on Tuesday its unconsolidated net profit fell five per cent to MKD1.46bn (EUR23.7m) in 2014. Operating revenue rose two per cent to ...
Titan Egypt's profits decline, but Greece and the USA recover
Titan's turnover improved by 2.7 per cent in 2014 to EUR1158.4m but the EBITDA emerged 2.6 per cent lower at EUR181.6m. Following an 8.5 per cent reduction in the depreciation ...
Egypt: Supreme Administrative Court suspends privatisation appeal
The Supreme Administrative Court has decided to halt proceedings looking into the appeal against the privatisation of Egypt-based Beni Suef Cement Company. The court has orde...
Titan to issue EUR300m Eurobond
Titan Global Finance plc, a subsidiary of Titan Cement SA, on Monday announced plans to sell a five-year Eurobond issue worth EUR300m. Greece-based Titan said in a statement ...