Titan Egypt's profits decline, but Greece and the USA recover
Titan's turnover improved by 2.7 per cent in 2014 to EUR1158.4m but the EBITDA emerged 2.6 per cent lower at EUR181.6m. Following an 8.5 per cent reduction in the depreciation c...
Weekly Newsletter
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Bamburi Cement pretax profit grows by 5.5%
Bamburi Cement of Kenya yesterday announced a 5.5 per cent increase in pretax profit from KES5.5bn (US$1.8bn) to KES5.8bn in its full-year results for 2014. Group’s turnover inc...
Votorantim’s volumes slightly lower but prices improve
Votorantim Industrial generated a turnover 6.9 per cent higher at BRL28,059m (€8660m) while the EBITDA rose by 31.9 per cent to BRL7105m (€2193m). Votorantim Cimentos contribute...
China: Lafarge to buy out 45% interest in Lafarge Shui On Cement
Lafarge has signed an agreement to acquire the 45 per cent stake held by SOCAM Development Ltd in Lafarge Shui On Cement, for a consideration of HKD2553m (c€294m) subject to the...
Cimpor sales rise 6% in 2014
Cimpor’s turnover eased by 0.8 per cent in 2014 to EUR2603.7m while the EBITDA declined by 6.7 per cent to EUR645.6m.
Adelaide Brighton reports record net profit
Adelaide Brighton reported record sales and net profit after tax of AUD1337.8m and AUD172.7m, respectively, for the year ended 31 December 2014.
Suez Cement Group sees 4Q gains
With improved market conditions, Suez Cement Group of Companies (SCGC) of Egypt saw a 2.5 per cent increase in fourth-quarter revenues to EGP1.539m and progress in EBITDA which ...
CRH earnings up 11%
CRH’s turnover increased by 4.9 per cent in 2014 to EUR18,912m while the EBITDA advanced by 11.3 per cent to EUR1641m.
Cementos Argos’ net profit surges 59%
Colombia’s leading cement producer, Cementos Argos, said net profit jumped 58.8 per cent YoY in 2014, closing the year with record figures.
Dalmia Bharat increases stake in OCL India
Dalmia Bharat has increased its stake in OCL India, one of the largest cement entities in eastern India with plants in Orissa and West Bengal. “The company’s subsidiary Company,...