CRH proposes moving stock listing to New York
CRH is considering moving its main stock market listing from London to New York. According to the company, around 75 per cent of its income comes from the North American market....
Weekly Newsletter
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CRH revenue up 12% YoY in 2022
CRH plc has reported a 12 per cent YoY increase in sales in 2022 to US$32.7bn. EBITDA over the same period advanced by 13 per cent to US$5.6bn, while the EBITDA margin is up 10b...
Rohrdorfer starts CO2 capture plant
ANDRITZ partner Rohrdorfer has started up Germany's first amine-based CO 2 capture plant for cement plants at its main site in Upper Bavaria. This technology developed by ANDRIT...
Dangote Group posts 17% revenue rise in FY22
Dangote Cement Group announced revenues us 17 per cent to NGN1618.3bn (US$3.51m) in FY22 and EBITDA up 3.5 per cent at NGN708.2bn. Profit after tax increased by 4.9 per cent to ...
SBTi validates Heidelberg Materials' 2030 CO2 reduction targets
The Science Based Targets initiative (SBTi) has validated Heidelberg Materials’ 2030 carbon reduction targets under its new 1.5°C framework. Heidelberg Materials commits to redu...
Cementos Molins posts revenues of EUR1268m in 2022
Cementos Molins closed 2022 with revenues amounting to EUR1268m, up 31 per cent compared to previous year, driven by sales increase across all businesses and the significant con...
Corporacion Moctezuma 2022 net profit slips 3%
Corporación Moctezuma posted a 14.5 per cent YoY growth in revenues to MXN4368.7m (US$237.3m) in the fourth quarter of 2022. The company reported EBITDA of MXN1677.8m in the 4Q2...
FLSmidth report 3% EBITA margin growth for cement in 2022
FLSmidth announced a positive 3.3 per cent EBITA margin improvement for its cement division in 2022, compared to -0.3 per cent in 2021. Cement EBITA amounted to DKK204m (US$29m)...
Heidelberg Materials' revenue hits all-time high
Heidelberg Materials has reported a 13 per cent YoY increase in group revenue to an all-time high of EUR21.1bn in 2022. Adjusted profit for the financial year also rose signific...
Spain's cement demand increases 5% in January
Cement consumption in Spain in January expanded by 5.4 per cent to 1,066,959t, according to Oficemen, the Spanish cement association. “We expected lower values at this beginning...