Weekly Newsletter

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LafargeHolcim 3Q18 sales grow by 5.8%

LafargeHolcim 3Q18 sales grow by 5.8%

LafargeHolcim reports that its 3Q18 results saw like-for-like net sales grow by 5.8 per cent and by 5.1 per cent in the first nine months of 2018 compared to the prior-year peri...

Cemex's gearing continues to decline to 89%

Cemex's gearing continues to decline to 89%

During the first nine months of the year, Cemex cement shipments improved by 3.2 per cent to 52.69Mt, while ready-mixed concrete deliveries advanced by 3.7 per cent to 40.07Mm² ...

PT Holcim Indonesia Tbk shares rise steeply

PT Holcim Indonesia Tbk shares rise steeply

The stock price of PT Holcim Indonesia Tbk rose steeply in trading this week. Rumours related to the divestment of shares owned by LafargeHolcim in Indonesia raised optimism in ...

Vietnam market expands 23% YoY in September

Vietnam market expands 23% YoY in September

Domestic cement sales in September rose 23 per cent YoY in September 2018 to 5.313Mt, according to data published by the Vietnam National Cement Association (VNCA). MoM a decrea...

GCC announces 11% sales increase for 9M18

GCC announces 11% sales increase for 9M18

Mexico's Grupo Cementos de Chihuahua (GCC) has recorded an 11.1 per cent YoY increase in sales to US$677.4m for the first nine months of 2018. EBITDA surged 16.3 per cent to US$...

Dangote reports 15% rise in 9M EBITDA

Dangote reports 15% rise in 9M EBITDA

Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 14...

Titan Cement moves to Brussels listing

Titan Cement moves to Brussels listing

Titan Cement International SA has submitted a voluntary tender offer for the exchange of all ordinary and preference shares issued by Titan Cement Co with new share of Titan Cem...

Bamburi Cement appoints Grace Oluoch as new FCO

Bamburi Cement appoints Grace Oluoch as new FCO

Kenya-based Bamburi Cement has appointed Grace Oluoch as the company’s new finance director. She succeeds Eric Kironde, who has been Bamburi’s FCO since 2011. “The company is pl...

HeidelbergCement partially adapts 2018 outlook

HeidelbergCement partially adapts 2018 outlook

Today, HeidelbergCement has made a new assessment of the current business year based on preliminary numbers for the 3Q18. Sales volumes and revenue of the first nine months of 2...