Vicat Egypt to invest in Sinai Cement
Vicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement duri...
Vicat
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Vicat optimistic for future growth
This week Vicat announced its 9M18 results with a 7.6 per cent growth in sales, while weaker exchange rates impacted on revenues. Parts of Europe and the US market had a posi...
Vicat optimistic for future growth
This week Vicat announced its 9M18 results with a 7.6 per cent growth in sales, while weaker exchange rates impacted on revenues. Parts of Europe and the US market had a posi...
Vicat hit by weaker exchange rates
Vicat's turnover for the first nine months of the year advanced by 1.4 per cent to EUR1947m, which represents an underlying improvement of 7.6 per cent. The gearing level was r...
Vicat Group acquires major stake in Ciplan
France’s Vicat Group has announced the acquisition of a major stake in Brazil’s Cimento Planalto (Ciplan). The transaction represents a reserved capital increase of EUR290m for...
Vicat
Vicat is in discussions that might lead to the acquisition of all or part of the privately-owned Brazilian cement group Cimento Planalto SA, generally known as CIPLAN. CIPLA...
Vicat is looking at Brazil
Vicat has confirmed that it is in conversations with Ciplan, Cemento Planalto SA, which could lead to an investment in the Brazilian group. The privately-owned Ciplan was es...
Vicat sees strong growth in net profit
Vicat's 1H18 turnover improved by 2.7 per cent to EUR1281m, or by 9.6 per cent on a comparative basis. EBITDA advanced by 4.5 per cent to EUR197m, or by 12.3 per cent on a comp...
Bharathi Cement to build two new plants
Hyderabad-based Bharathi Cement is aiming to strengthen its presence in western and eastern India with new plants and products, according to The Economic Times. The Indian c...
Vicat advances in most areas, other than Egypt and Switzerland
Vicat's 1Q18 turnover showed 3.9 per cent improvement to EUR573m, which represents an underlying advance of 10.8 per cent at constant parameters and exchange rates. The cement ...