Argos reports a 26% EBITDA growth in 1H23
Argos (Group Argos) had a solid operating period in the 1H23 recording an EBITDA of US$278m, an increase of 26 per cent and a sales rise of eight per cent or US$1.5bn. Dur...
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Buzzi SpA sees 1H23 volumes decline in Europe
Buzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in...
Buzzi SpA reports consolidated EBITDA up 58% in 1H23
Buzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the ...
Eagle Materials Inc's heavy materials division achieves revenue of US$396m in 1QFY23-24
Eagle Materials Inc 's first quarter of FY23-24 ended 30 June 2023 saw revenue in the heavy materials sector joint venture (JV) and intersegment cement revenue reach US$396m,...
Vulcan Materials reports on strong aggregates sector in 2Q23
Vulcan Materials Co has announced total revenues of US$2113m in the second quarter of 2023, up from US$1954m in the same period a year earlier. Adjusted EBITDA has come in at U...
Ozinga opens new cement terminal in Florida
Ozinga, a fourth-generation family-owned construction materials company, has opened a new cement terminal at the Port of Palm Beach, USA. According to the company, the termina...
US/Puerto Rico Portland and cement shipments up 4% in May
Portland and blended cement shipments, including imports in the USA and Puerto Rico, in May 2023 advanced 4.3 per cent YoY to 10.1Mt. Of the total blended volume, 4.1Mt, or 96 ...
Carbon Upcycling raises US$26m funding for CCUS projects
Carbontech startup Carbon Upcycling has raised US$26m, with proceeds from the Series A funding round supporting the first commercial-scale carbon capture and utilisation deploy...
Cementir reports 36% rise in 1H net profit
Cementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in rev...
CEMEX grows sales by 10% in 2Q23
CEMEX has reported its 2Q23 results with a 10 per cent growth in sales to US$4566m, a 29 per cent increase in operating EBITDA to US$961m, and an EBITDA margin expanding by 3.3...