Cement News tagged under: France
Vicat increases cement shipments by 13.7%04 February 2015, Published under Cement NewsVicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent on a like-for-like basis. Turnover in cement advanced by 13.7 per cent to €1261m, or €1483m before deducting inter-group transfers. Aggregates and concrete sales declined by 1.8 per cent to €860m, while other activities saw turnover edging ahead by 0.3 per cent to €301m. Cement accounted for 53.7 per cent of turnover, up from the 50.6 per cent shown in the previ... |
French producers see home and export markets contract05 December 2014, Published under Cement NewsThe French cement market continues to contract with the country’s cement association, SFIC, released its provisional November 2014 data. Market demand fell 11.8 per cent YoY to 1.347Mt against a 10.6 per cent YoY drop noted the previous month, when domestic cement sales reached 1.726Mt. However, for the year to date, decreases in France’s cement demand are more moderate. The first 10 months saw a fall of 4.8 per cent to 15.652Mt from 16.449Mt in 10M13. Provisional 11M14 data indicate a lar... |
Lafarge’s nine-month attributable profit falls 25.8 per cent05 November 2014, Published under Cement NewsIn the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to €11,332m while the EBITDA edged ahead by 0.5 per cent to €2320m. The trading profit improved by 2.8 per cent to €1589m, while excluding associates there was a 1.2 per cent reduction to €1431m. Net financial charges declined by 6.7 per cent to €701m and the pre-tax profit was three per cent lower at €636m. Following a 33.3 per cent higher tax charge, the net attribu... |
Vicat advances in all group markets except France and Italy05 November 2014, Published under Cement NewsVicat's turnover for the first nine months of the year improved by 6.1 per cent to EUR1847m, which represents an underlying advance of 9.7 per cent. The gearing level was little changed at 51.7 per cent at the end of September compared with 51.3 per cent a year ago and lower than the 52.7 per cent seen at the end of June. Turnover in cement was 10.1 per cent higher at EUR1129m, which represented 53.6 per cent of the group total. Cement deliveries rose by 15.7 per cent to 15.82Mt. The agg... |
Vissai Ninh Binh Group exports 1.5Mt of clinker to France11 August 2014, Published under Cement NewsCiment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of to an expressway project on Réunion. The clinker will be shipped at a price of US$42/t under the contract that will be effective for five years, said Nguyen Tien Dat, Vissai Ninh Binh's deputy director. The Vietnamese group has carefully considered the prices to avoid the negative impact driven by the fluctuations ... |
Vicat advances in spite of weakness in France05 August 2014, Published under Cement NewsVicat's first half turnover increased by 6.1 per cent to EUR1217.8m, which amounts to a 10.8 per cent advance on a comparative basis. EBITDA was ahead by 3.1 per cent to EUR207.7m and the margin narrowed from 17.5 per cent to 17.1 per cent. The trading profit, however, improved by 9.4 per cent to EUR115.2m, an underlying increase of 15.8 per cent. After a net financial charge 38.2 per cent higher at EUR29.7m and a 20 per cent decline in the income from associates to EUR1.7m, the pre-tax p... |
Lafarge reiterates 2014 demand growth rate25 July 2014, Published under Cement NewsLafarge has confirmed its 2014 sales volumes target for the year with an improving US outlook and signs of recovery in Europe, although emerging markets continue to be the main driver of growth. First half turnover came off by 3.8 per cent to EUR6000m and the EBITDA was one per cent lower at EUR1155m, while the trading profit eased by just 0.3 per cent to EUR609m. The net attributable profit did improve by three per cent to EUR205m. Net debt at the end of June was 15 per cent lower at... |
Lafarge acquires Kercim grinding plant, France18 July 2014, Published under Cement NewsLafarge has acquired Ciments Kercim's grinding plant, located in the bulk terminal port of Nantes-Saint-Nazaire, western France. The 0.6Mta Kercim facility, launched in spring 2013, had been led by Jean-Marc Domange, ex-president of the Syndicat Français de l'Industrie Cimentière (SFIC) and former head of Ciments Calcia, who died months later in October 2013 following a long illness. Lafarge is reported to have acquired the plant from the 12 existing shareholders, heirs of Mr Domange a... |
Ciments Calcia opens new distribution centre in Paris14 July 2014, Published under Cement NewsCiments Calcia opened a new distribution centre in the 13th arrondissement of Paris, France, on 4 July 2014, designed by Vib Architecture. The centre consists of two 20m dia silos that rise to a height of 37m. A third cylinder, which has a cut-out design includes a lift and a wrap-round metal staircase. The facility, which was cast in slipform, took three weeks to build. |
Ireland: two former divisions of Quinn to be acquired09 July 2014, Published under Cement NewsA consortium, including some executives from Sean Quinn's old business empire, expects to buy two divisions of the old business over the next two months. The Quinn Business Retention Company (QBRC), headed by the former tycoon's number two Liam McCaffrey, has teamed up with a UK private equity house Endless LLP for the arrangement. Aventas Manufacturing Group, which took over much of the Quinn businesses along the border after it was put in receivership, said talks on the buyout are ongoing... |