Cement News tagged under: Cost cutting
Ramco boosted by cost control, stable pricing04 June 2015, Published under Cement NewsIndia-based Ramco Cements reported a 274 per cent rise in 4QFY14-15 net profit to INR934.2m (US$14.6m) on better cost management and stable cement prices. Revenues for the three months to the end of March 2015 edged ahead by 1.2 per cent to US$156m but sales volumes fell 16.4 per cent to 1.88Mt (2.25Mt a year earlier). For the fiscal year that ended on 31 March 2015, Ramco Cements achieved a profit of US$37.9m, a rise of 76 per cent and a revenue of US$584m. Cement sales totalled 7.67M... |
HeidelbergCement raises 2Q13 operating profit31 July 2013, Published under Cement NewsHeidelbergCement, the world’s third-largest cement producer, reported a second-quarter operating profit as it managed to increase prices in its main markets. A rise in demand in Asia, Africa and North America, helped offset a slowdown in parts of Europe. Sales increased by 0.5 per cent in the second quarter to €3799m as successful cement and aggregates price increases had a positive impact on revenue growth in key market regions. Operating income before depreciation (OIBD) improved by 5.6... |
UltraTech second quarter profit surges, India22 October 2012, Published under Cement NewsIndia’s largest cement producer UltraTech reported a 97 per cent rise in standalone profit to INR5.5bn (US$102m) for the second quarter of the current fiscal FY12-13 but higher input costs continue to impede the domestic industry. During the July-September 2012 period, net sales rose 20 per cent to INR47bn, as consumption has seen a gradual uptick through the year. Cost cutting measures have helped the cement major achieve better results, the company said in a release. Margins of cemen... |
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