Eagle Cement sees 6% rise in 9M net profit
Eagle Cement Corp reported in the 9M18 net sales of PHP12.2bn (US$229.2m), up nine per cent YoY from PHP11.2bn in the 9M17. Strong sales and stable prices supported the rise in ...
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Aliko Dangote has targeted Kenyan producer believed to be ARM
Dangote Cement is understood to be in talks to buy the troubled Kenyan cement maker ARM. This follows an interview of Aliko Dangote by Bloomberg News in which he said: "There is...
HeidelbergCement reports rise in revenues and earnings for 3Q18
HeidelbergCement saw a 7.2 per cent rise in revenues to EUR4.943bn in 3Q18 from EUR4.61bn in the year-ago period. EBITDA fell 6.3 per cent to EUR750m in July-September 2018 from...
Buzzi Unicem's 9M18 cement volumes rise by 3.1%
Buzzi Unicem reports that its 9M18 cement volumes recorded a rise of 3.1 per cent to 20.9Mt, up from 20.3Mt in 9M17. Consolidated net sales for the 9M18 amounted to EUR2137.4m ,...
Taiheiyo Cement sees 2% advance in net profit for 1HFY18
Taiheiyo Cement has reported a four per cent increase in revenue to JPY438.7bn (US$3.86bn) in the first half of FY18, ended 30 September 2018. In 1HFY17 the company saw a revenu...
FLSmidth reports 71% order increase in 3Q18
FLSmidth has released its interim 3Q18 report and recorded a 71 per cent order increase to DKK7.164bn (US$1.102bn), on the back of two large cement plant orders in Central Ameri...
Martin Marietta Materials reports double-digit 3Q growth
Martin Marietta Materials’ nine-month turnover improved by 7.6 per cent to US$3224m and increased turnover by 12.1 per cent to US$1219.6m in the third quarter of 2018. EBITDA ad...
Qassim Cement reports 89% fall in net profit
Saudi Arabia's Qassim Cement has seen an 88.9 per cent YoY fall in its net profit during the third quarter of 2018, decreasing to SAR5.68m (US$1.514m) from SAR51.24m. The profit...
End of Yemeni conflict could provide lifeline for Saudi exporters
CNBC reported that US Secretary of State Mike Pompeo and Defense Secretary Jim Mattis have called for a cessation of hostilities in Yemen and the start of a conflict resolution ...
Cementos Pacasmayo net income drops 14% in 3Q18
Cementos Pacasmayo saw its revenues fall by 4.4 per cent to PEN318.8m (US$95.2m) in 3Q18, mainly due to change in mix of products sold and to a slight decrease in prices. It als...