Cement News tagged under: Cementir
Cementir sales up but profit slips in 9M2013 November 2020, Published under Cement NewsCementir posted a revenue of EUR896.8m in the nine-month period ended 30 September 2020 down one per cent YoY, according to a company statement. EBITDA declined 2.1 per cent to EUR178.1m from EUR181.8m. Profit before taxes decreased 2.3 per cent to EUR81.2m in January-September 2020 when compared with EUR83.7m in the equivalent period of the previous year. “In the first nine months of 2020, despite the serious pandemic, the Group reported a 11.3 per cent increase in cement volumes sold, m... |
Aalborg Excel® is launched by Cementir06 December 2019, Published under Cement NewsAllborg Excel® is the latest product in the Aalborg INWHITE Solution® range A ALBORG EXCEL ® , the second UHPC premixed product, developed under the A ALBORG INWHITE S OLUTION ® has been launched. The product can satisfy manufacturers to seek the ultimate surface detailing and aesthetical expression, within aesthetic and architectural applications, claims A ALBORG . A ALBORG EXCEL ® is self-levelling and fast flowing, allowing combinations with pigments and fibres, achie... |
Cementir sales advance in most areas, but net profit falls14 November 2019, Published under Cement NewsCementir's turnover for the first nine months of 2018 improved by 1.5 per cent to EUR906.12m and EBITDA advanced by 11.6 per cent to EUR181.84m. However, the trading profit eased by 2.8 per cent to EUR103.5m reflecting the application of IFRS 16. After a net financial charge profit of EUR19.8m compared with a EUR32.4m profit, the pretax profit fell by 39.7 per cent to EUR83.7m. Net debt at the end of September was EUR346.3m, slightly higher than the EUR339.6m reported a year earlier. The ... |
Cementir shows strong 1Q recovery15 May 2019, Published under Cement NewsCementir's first-quarter turnover recovered by 9.1 per cent to EUR264.4m (US$296.4m) and EBITDA rose by 39.8 per cent to EUR33.7m, while at the trading level the advance was reduced to 23.6 per cent to EUR7.8m. At the pretax level, there was a swing from a EUR7.2m profit to a loss of a EUR0.3m. Net debt at the end of March was EUR416.4m compared with EUR387.1m a year earlier, to give a gearing level of 16.9 per cent. The number of employees increased by 2.6 per cent to 3063. Shipments of ... |
Aalborg puts Cementir on a better global footing23 April 2019, Published under Cement NewsThis week Aalborg Portland , owned by Cementir Holdings, reported a record turnover in 2018 of DKK8.895bn (US$1.37bn), the highest that the company has achieved, due to higher sales volumes following acquisitions in Belgium and the US. Aalborg’s key role Aalborg Portland's latest results highlight the importance of the Denmark-based company in supporting Cementir Holdings’ operations throughout the world. It is a key part of Cementir’s 3.3Mta white cement capacity and 20 per cent share ... |
Aalborg launches Extreme Light12007 January 2019, Published under Cement NewsAalborg Extreme™ Light 120, ia a new generation of premixed ultra high-performance concrete (UHPC) based on Aalborg White ® cement. The product is being released in Europe and will reach the US and China during January 2019. Aalborg Extreme™ Light 120 is the first commercialised product under the Aalborg White Solution™ and is based on Cementir Holding's recently patented sustainable binder technology, Futurecem™ which offers pozzolanic reactions without being constrained by the availabil... |
Cementir benefits from the consolidation of US activities09 November 2018, Published under Cement NewsCementir's turnover for the first nine months of 2018 rose by 4.8 per cent to a restated EUR893.18m thanks to the full consolidation of Lehigh White Cement from the second quarter of this year and a higher Asia-Pacific turnover, but the eastern Mediterranean contribution was lower. EBITDA improved by 5.2 per cent to EUR163m and the trading was ahead by 6.2 per cent to EUR106.4m. After a net financial profit of EUR32.4m compared with a charge of EUR10.8m, the pretax profit jumped by 107.5 per... |
ICR interviews Cementir's Francesco Caltagirone Jr05 July 2018, Published under Cement NewsIn the July issue of ICR, cement associations and producers reflect on the past three decades, highlight the industry’s achievements and look at the way ahead as climate change and other challenges drive changes in the industry. In this interview, ICR speaks with Francesco Caltagirone Jr, chairman & CEO, Cementir Holding SpA. ICR How has your company evolved over the last 30 years and what has changed most, at a plant or company level, over that period? Francesco Caltagirone Jr (FC) C... |
Cementir sets out plans in the run-up to 202027 June 2018, Published under Cement NewsIn the company's 2018-20 business plan, Francesco Caltagirone Jr, chairman and CEO of Cementir, vowed to generate more value for shareholders, presenting his vision for the next two years. Cementir's revenue is expected to grow by 5.5 per cent between 2017 and 2020, with a target set at EUR1.34bn in 2020. EBITDA is expected to rise by 6.6 per cent to EUR270m from EUR223m in 2017. To improve profitability and efficiency in all areas, the company would continues its drive to rationalise pro... |
Cementir suffers 1Q18 weather effects11 May 2018, Published under Cement NewsCementir's first-quarter turnover declined by 13.4 per cent to EUR242.3m, while adjusting for the Italian operations disposed of, the reduction was a more modest 1.6 per cent. EBITDA improved by 4.7 per cent to EUR24.1m, while at the trading level there was a swing from a EUR0.95m loss to a EUR6.31m profit. Helped by the interest line turning positive, the pretax result went from a EUR6.18m loss to a profit of EUR7.20m. Net debt at the end of March was EUR387.1m compared with the EUR646.4m a... |