Pakistan to report weaker cement dispatches in July 2022
Pakistan's two leading research houses, AHL Research and Topline Securities, while taking account of provisional cement data of July 2022, the first month of the FY22-23, depic...
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Orient Cement profit hit by fuel costs
Orient Cement has recorded unaudited revenue from operations of INR7139.3m (US$90.1m) in the quarter ended 30 June 2022. This compares to INR6909m in the same period a year e...
SigmaRoc records revenue of GBP28m in 1H22
SigmaRoc recorded 1H revenue of GBP248m, up 18 per cent over 2021 on an adjusted like-for-like basis. 1H22 underlying EBITDA totalled GBP48m, up six per cent over 2021. T...
Adam Auer brings environmental expertise to CAC board
The Athena Sustainable Materials Institute Chairman of the board, Stephen Pope, is pleased to announce the appointment of Adam Auer, president and CEO of the Cement Association...
European construction slowdown forecast
A report by analysts CIC-Market Solutions forecasts that construction activity is expected to decline after 2022. The assumption is based on a reduction in spending ability in ...
HeidelbergCement’s Group revenue rises 11% in 1H22
HeidelbergCement Group's revenue rose significantly by 11.3 per cent to EUR9950m (1H21: EUR8938m) in comparison with the first half of the previous year. Excluding consolida...
Eagle Materials sees record revenue
Eagle Materials has reported 18 per cent YoY growth in revenue to US$561.4m in the first quarter of fiscal 2023 ended 30 June 2022. This record result is being attributed to he...
CEMEX reports 2Q22 net sales growth of 11%
CEMEX has announced continued solid top line growth, with second quarter net sales growing 11 per cent to US$4080m in the 2Q20. Pricing was the main driver with prices of cem...
Cementir's 1H22 boosted by Danish results
Cementir' s sales in the 1H22 were led by Denmark, where sales revenue in the 1H22 reached EUR233.3m, up 14 per cent from EUR204.5m in the 1H21, due to sustained demand in all...
Holcim’s Russian assets raided
Holcim has reported a raiding attempt on its Russian assets, according to Kommersant daily and RIA Novosti. Unidentified people have filed documents with the Federal Tax Servic...
Andrew Keating leaves CRH
Andrew Keating, previously director of group finance at CRH, has left the company. The former Bank of Ireland chief financial officer joined the building materials company thre...
Cementir's revenue totals EUR805m in the 1H22
Cementir's revenues from sales and services reached EUR805.2m (US$821.7m), an increase of 21.2 per cent compared to EUR664.5m in the 1H21. The increase in revenue is mainly d...
Cementos Molins reports on 35% rise in revenue in 1H22
Cementos Molins has reported revenue of EUR608m in the first half of 2022, up 35 per cent on the same period a year earlier, driven by higher activity in South America and acqu...
Vicat reports 13% rise in 1H sales but rising energy costs affect EBITDA
Vicat reported a 12.5 per cent increase in first-half sales to EUR1755m (US$1790.6m) in the January-June 2022 period when compared with the 1H21, when sales reached EUR1560m....
JK Lakshmi Cement sees revenue gain
JK Lakshmi Cement has reported unaudited standalone revenue from operations of INR15,510m (US$194.3m) in the three months ended 30 June 2022, compared to INR12,315m in the same...
Materials Processing Institute leads GBP6.5m zero emission project
The Materials Processing Institute (MPI) is leading a major GBP6.5m (US$7.83m) project to develop the world’s first zero emission cement on an industrial scale. The Cement 2 Ze...
UWCL reports on revenue rise
India's Udaipur Cement Works Ltd (UWCL) has reported unaudited revenue from operations of INR2781.1m (US$34.8m) in the quarter ended 30 June 2022, compared to INR2163.3m in t...
Yanbu Cement 2Q profits down 25% in 1H22
Saudi Arabian cement producer Yanbu Cement Co reported a 24.5 per cent fall in its net profits after zakat and tax to SAR86.97m (US$23.2m) when compared with the 1H21, when t...
Holcim reports on record results in 1H22
Holcim has reported record sales on CHF14,681m (US$15,273m) in the first half of 2022, marking a 16.9 per cent increase YoY, driven by sales growth in all segments. Net sales...
Breedon Group reports revenue of GBP671m in 1H22
Breedon Goup's interim 2022 results saw revenue reach GBP671.1m (US$809.1m) up 12 per cent from GBP600.9m in 1H21. EBIT totalled GBP65.5m, up 22 per cent from GBP53.7m, and pro...
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