Sephaku Holdings' profit eroded by rising costs
Sephaku Holdings (Sephold) reported revenue of ZAR626.6m (US$33.44m) in the six months ended 30 September 2023, marking a 19.7 per cent YoY improvement. However, net profit afte...
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Ghana shuts three cement companies
The Ghana Standards Authority has shut down three cement companies due to their use of inferior materials, reports the Daily Graphic. The three cement producers in question are ...
Brazil's cement market contracts 2% in October
Cement sales in Brazil declined by 2.1 per cent to 5.257Mt in October 2023 when compared with October 2022, when sales reached 5.368Mt, according to the Brazilian cement associa...
Birla Corp reports 14% revenue growth in 2QFY24
Birla Corp has reported revenue of INR22,858.3m (US$274.5m) in the 2QFY24 ended 30 September 2023. This marks a 14.3 per cent YoY increase. Net profit in the 2QFY24 came in at I...
Votorantim Cimentos posts 36% profit growth in 3Q23
Votorantim Cimentos has posted revenue of BRL7.4bn (US$1.51bn) in the third quarter of 2023, down three per cent compared to the same period a year earlier. The decline has been...
Argos records EBITDA of COP742bn in the 3Q23
Argos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23 sl...
Titan announces 14% sales rise in 9M23
Titan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR397...
Buzzi SpA announces consolidated 9M23 net sales of EUR3303m
Buzzi SpA announced that consolidated net sales in the 9M23 were equal to EUR3303m, up 9.9 per cent compared to EUR3004m in 9M22. Cement and concrete volumes fell -8.1 and -12 p...
US Portland and blended cement shipments slip in August
Total shipments of Portland and blended cement shipments (including imports) in the USA and Puerto Rico slipped slightly to 10.6Mt in August 2023 when compared with August 2022,...
Holcim arrange shareholding agreement for Elite Cementos
The shareholders of the company Élite Cements SL , Grupo Simetry and Holcim España, have reached an agreement by which Holcim acquires the entire share capital of Élite Cements,...