Cement News tagged under: HSBC
Improving markets for 201709 January 2017, Published under Cement NewsWhile 2016 appears to have seen limited growth in global cement consumption, improved fundamentals and returns are in store for 2017 as emerging markets are expected to nearly double their YoY growth rate. By John Fraser-Andrews, HSBC Global Research. Figure 1: emerging market (ex-China) volume growth to outstrip new capacity in 2017-2018E Source: International Cement Review, company data, HSBC estimates Figure 2: country cumulative (2010-2015) cement price variation less... |
China prices seen rising over 2014-1506 February 2014, Published under Cement NewsCement prices in China are expected to increase by 10 and five per cent in 2014 and 2015, respectively, according to research report by HSBC. As a result, higher prices as well as lower coal costs may offset rising costs from environmental protection monitoring, the bank expects. It expects gross profit in 2015 for cement companies to rise by 59 per cent compared to 2012. Over the next two years, the bank predicts the compound earnings growth of the cement sector would reach 35 per cent. C... |
HSBC lifts Lafarge share price target, France14 August 2012, Published under Cement NewsHSBC has lifted the share price target of Lafarge to EUR55 from EUR52 and reiterated its "overweight" recommendation. Analysts with HSBC revised up by three per cent their expectations for the EBITDA of the company, due to the increase in cement prices. The broker considers that in the first half of 2012, the building materials producer laid the foundations of good financial performance for the entire year. Lafarge booked a EUR13m (US$16.02m) net attributable profit for the first half of ... |
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