Shree Digvijay Cement reports 15% revenue growth in 4QFY23
India’s Shree Digvijay Cement Co Ltd (SDCC) has reported a 15 per cent YoY increase in revenue in the 4QFY22-23, ending 31 March 2023. Revenue for the quarter came in at INR1952...
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Breedon reports positive 1Q trading update
Breedon Group plc posted a positive trading update for the first quarter of 2023. It attributes the good result to its dynamic pricing strategy, which allowed the group to recov...
CRH reports 7% sales growth in 1Q23
CRH has reported a “positive start” to the year with 1Q23 sales up seven per cent YoY across the group. Americas Materials Solutions saw a 10 per cent advance in sales in the 1Q...
GCC reports 146% surge in 1Q net income
GCC SAB de CV posted its first-quarter 2023 consolidated sales, which saw a 17.9 per cent YoY increase to US$243.9m. EBITDA in the 1Q23 advanced 15.5 per cent YoY to US$63m. The...
Spanish cement demand up 24% in March
Cement consumption in Spain increased 23.5 per cent YoY to 1.4Mt in March 2023, according to Oficemen. The significant market growth in the third month was attributed to the low...
Fauji Cement Co to become Pakistan's third-largest cement producer
Fauji Cement Co Ltd (FCCL) heads to become the third-largest cement producer with a total cement production capacity of 10.5Mta in Pakistan, according to AKD Research. FCCL comm...
Holcim reports 8% organic growth in 1Q23
Holcim has reported organic sales growth of eight per cent to CHF5725m (US$6401m) in the first quarter of 2023. Over the same period, recurring EBIT came in at CHF493m, marking ...
Cem'In'EU launches FusioVrac cement
Cem'In'EU 's Rhône cement plant, in Portes-lès-Valence, has launched FusioVrac cement with a CO 2 footprint 18 per cent less than conventional cement. FusioVrac is a low-carbon ...
Fauji Cement reports 30% leap in profit in 9MFY22-23
Pakistan’s Fauji Cement Company has reported a 30.4 per cent YoY increase in profit in the nine months ended 31 March 2023 (9MFY22-23). Profit over the period came in at PKR6.97...
Savannah Cement Group sources funds for new clinker plant
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cement , said it raised the fu...