Cement News tagged under: FY20
LafargeHolcim FY20 net sales dip to CHF23,142m26 February 2021, Published under Cement NewsLafargeHolcim announced FY20 net sales of CHF23,142m (US$25,588m), down 5.6 per cent on a like-for-like basis (LfL) compared to the prior year and down 13.4 per cent on a reported basis. The LfL decline mainly results from the pandemic-related disruption, mostly in the 1H20, before returning to prior-year levels in the 2H20. Recurring EBIT reached CHF3676m, down 10.4 per cent in total and a decline of 1.9 per cent LfL for the full year, with a largely ‘V-shaped’ recovery across all ... |
HeidelbergCement records cement sales of 122Mt in FY2023 February 2021, Published under Cement NewsHeidelbergCement’s preliminary, unaudited figures for the full year 2020 saw the result from current operations before depreciation and amortisation rising by six per cent LfL to a record EUR3.7bn while implementation of the company's COPE action plan led to cash savings of around EUR1.3bn. Despite the decline in sales volumes, group revenue for 2020 decreased by 6.6 per cent to EUR17.6bn (previous year: EUR18.9bn). Dr Dominik von Achten, chairman of the Managing Board of Heidelber... |
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