Cement News tagged under: Results
Lafarge02 March 2012, Published under Cement NewsLafarge's underlying turnover, adjusting for the elimination of the gypsum business that has largely been sold, increased by 3% in 2011 to €15,284, but the EBITDA declined by 7.8% to €3217m. The trading profit came down by 8.9% to €2179m and net financial charges jumped by 40.3% to €999m. Other charges, principally a €285m reduction in the value of assets in Greece and in the UAE and €61m of restructuring costs elsewhere, amounted to €541m, an increase of 78%. As a result, the pre-tax profit... |
HeidelbergCement02 March 2012, Published under Cement NewsThe preliminary figures from HeidelbergCement show a 9.7% advance in turnover last year to €12,902m, but the EBITDA was improving at a more modest 3.6% to €2321m. The trading profit was up by 3% to €1474m, or by 3.2% adjusting for currency movements and changes in the scope of consolidation. Margins declined as the rise in energy costs could not be passed on in their entirety and the contribution from the sale of emission rights dropped from an adjusted €130m (it was originally €147m) to les... |
Cemex02 March 2012, Published under Cement NewsCemex' turnover improved by 7.6% in 2011 to US$15,139.2m, but the EBITDA was just 0.8% ahead at US$2331.9m. The trading profit, however, advanced by 12.2% to US$960.2m, compared with a 26.5% fall a year ago. The net interest charge, which had risen by 22.9% in 2010, increased by a further 11.8% to US$1399.7m, and the cost of “other” expenses also rose on the back of higher losses on financial instruments and exchange rates. This resulted in a pre-tax loss that was 37% higher at US$1238.61m, ... |
Buzzi Unicem02 March 2012, Published under Cement NewsBuzzi Unicem turnover improved by 5.2% last year to €2787m, of which Dyckerhoff contributed a 13.2% advance to €1600m. The underlying EBITDA, which will be announced on 30 March, is estimated to be around €420m. Net debt hat the end of December was reduced by 9.8% to €1143m. Group cement deliveries improved by 6.2% last year to 28.2Mt, though they were lower in Italy and in the United States. Ready-mixed concrete deliveries increased by 4.8% to 15.1Mm³, but were lower in Italy, the United St... |
CRH02 March 2012, Published under Cement NewsCRH's turnover recovered by 5.3% last year to €18,081m and the EBITDA was ahead by 2.5% to €1656m. There were 43 acquisitions made during the year, the largest being the VVM cement business in Belgium. The trading profit rose by 24.8% to €871m and after other charges, including a net interest charge 5.1% higher at €229m, the running pre-tax profit improved by 12.9% to €743m. The net attributable profit advanced by 36% to €597m. Net debt at the end of December was 0.3% higher at €3483m and th... |