Cement News tagged: Corporate
Egypt’s Torah Cement nine-month net up 36 per cent
Egypt’s Torah Portland Cement made a net profit of E£262.7m (US$45.9m) in the first nine months of 2006, 36 per cent up on the same 2005 period, the stock exchange said on Thursday.
Bulgaria operations contribute to Italcementi nine-mo profit gain
The Bulgarian operations of cement major Italcementi have once again flattered the bottomline of the company as shown by its consolidated January-September financial report.
Chinese companies to establish cement plant in Abyan
Yemeni Assas company signed Wednesday with Chinese CMC and Hong Kong Mix More companies a partnership agreement to establish a cement plant in Abyan governorate
Groupe Bruxelles Lambert ups lafarge stake to 13.2%
Belgian financial holding Groupe Bruxelles Lambert has increased its stake in Lafarge to 13.2% from 11.3% previously
Rinker posts 12% HY profit rise
Rinker Group Ltd has delivered a 12 per cent rise in interim net profit amid a downturn in the US housing market, as it fights a $US12.8bn ($A16.8bn) takeover bid from Cemex.
Athi River Mining profits up 20%
Athi River Mining has announced a 20 per cent increase in profits before tax and laid out its strategy to increase cement production.
Lafarge confirms EPS growth target
Lafarge confirmed it aimed to lift annual earnings per share by 10 per cent on average out to 2008 after posting third-quarter results that beat expectations.
Texas Industries sales hint no deal
Even as Texas Industries Inc. maintains its silence regarding buyout talks instigated by a major shareholder, insiders are selling company shares, suggesting a deal isn’t on the horizon.
Eagle Materials ups buyback to 6M shares
Eagle Materials Inc, which makes cement and gypsum wallboard, on Tuesday said it raised the level of its stock buyback plan to about 6 million shares,
Holcim Indonesia kept a ’hold’ after 9 mths results
UOB Kay Hian said it maintains its "hold" rating on the country’s third largest cement maker, PT Holcim Indonesia
Saudi Yamama Cement Q3 2006 net profit up to US$38.9m
The net profit of Saudi cement producer Yamama Cement Company (YCC) rose
Lucky Cement achieves record growth in Q1
Lucky Cement recorded the highest growth in local and export sales
Vietnam cement maker to raise US$16m in IPO
A major Vietnamese cement maker said on Tuesday it would auction state shares to the public
HeidelbergCement 3Q sales €2.58B Vs €2.25B
German cement maker HeidelbergCement AG said it saw an 86% jump in its net profit
Dyckerhoff 9M improvements
German construction material maker Dyckerhoff AG, a unit of Italian cement maker Buzzi Unicem, turned a net profit of Euro 103m for the first three quarters of 2006 compared to Euro 57m a year earlier
HeidelbergCement makes solid gains
German cement maker HeidelbergCement AG said Monday it saw an 86% jump in its net profit in the first nine months of the year, owing largely to an acceleration of growth in Europe. HeidelbergCement&rs