Cement News tagged under: 1Q19
LafargeHolcim reports net sales growth of 6% in 1Q1915 May 2019, Published under Cement NewsLafargeHolcim reported strong growth in net sales for 1Q19, rising 6.4 per cent and an over-proportional increase in recurring EBITDA, up 20.6 per cent. Group net sales of cement for 1Q19 amounted to CHF4079m up from CHF3995m in 1Q18, advancing by 2.1 per cent. Aggregate net sales climbed to CHF813m, up from CHF764m, an increase of 6.4 per cent on 1Q18. The group's ready-mix net sales in 1Q19 totalled CHF1223m, up 3.6 per cent from CHF1181m in 1Q18. The Solutions and Products sector recor... |
Argos' consolidated revenues rise 14% in 1Q1914 May 2019, Published under Cement NewsIn the first three months of 2019, Argos reported revenues of US$693.8m, an increase of 14 per cent on 1Q18. Operating EBITDA reached US$99.39m, 3.7 per cent higher, while net profit totalled US$4.9m. Total cement volumes for Argos amounted to 3.8Mt, 4.7 per cent higher than in 1Q18, while concrete volumes rose by 2.3 per cent to 2.4Mm 3 . "These results are the reflection of a great teamwork that results in the growth of our revenues and volumes, the increase of our financial flexibility... |
Vicat can expect higher returns in USA and Brazil10 May 2019, Published under Cement NewsThis week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational and the strength of cement demand in some of the countries where it is operating. In France, where the company's headquarters are located, the market has been one of the key supports in Vicat's 8.1 per cent rise in turnover to EUR225m. The company cited favourable macroeconomic and industry conditions supported by high ... |
Eagle Cement Corp achieve PHP1.59bn net profit in 1Q1907 May 2019, Published under Cement NewsEagle Cement Corp reported a net profit of PHP1.59bn (US$30.6m) in 1Q19. This was a rise of 49 per cent YoY driven by a double-digit growth in sales volumes and higher cement selling prices. Eagle Cement's net sales in the first quarter amounted to PHP5.37bn, up by 34 per cent in the same period last year, the company told the Philippine Stock Exchange. The "strong domestic demand driven by private consumption," the report said. Net income margin improved to 30 per cent from around... |
CRH reports positive 1Q1924 April 2019, Published under Cement NewsAhead of tomorrow's AGM, CRH reports that the group has had a positive start to the year with 1Q19 like-for-like group sales seven per cent ahead of 1Q18. Sales volumes benefited from mild weather conditions and good momentum across most major markets for the group. Sales growth was also supported by pricing progress, reports CRH. Like-for-like sales for America Materials operations were four per cent up in 1Q19, while aggregate and asphalt volumes were ahead of 1Q18 due to favourable wea... |
Tajikistan increases output by 9% in 1Q1916 April 2019, Published under Cement NewsTajikistan has produced around 843,000t of cement in the first three months of 2019, an increase of nine per cent from 747,000t last year, according to Asia-Plus. Almost 85 per cent of local production was split between Chzhungtsai Mohir Cement, Huaxin Gayur Cement and Huaxin Gayur Sughd Cement in the 1Q19, while Tojik Cement accounted for just 6.4 per cent. Nearly 36 per cent of domestically-produced cement was exported to neighbouring countries in the period. Over 150,000t was delivere... |
Steppe Cement records strong sales in 1Q1911 April 2019, Published under Cement NewsSteppe Cement reports that in the 1Q19 the cement producer sold 266,393t of cement for KZT4455m (US$11.76m), compared to 197,179t of cement for KZT2313m in the 1Q18, an increase of 35 and 93 per cent, respectively. Steppe Cement reports that higher transport tariffs and rental expenses have been offset by savings due to better utilisation of the wagon fleet and increased sales in markets close to the factory. Kazakhstan’s cement market grew by 3.6 per cent in the 1Q19 and Steppe Ceme... |
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