Cement News tagged under: Results
Cemex03 November 2014, Published under Cement NewsFor the first nine months of the year, Cemex' turnover edged ahead by 0.7 per cent to US$11,352.7m, but EBITDA eased by 0.3 per cent to US$2001.2m. The trading profit improved by 12.3 per cent to US$926.3m while the net interest charge increased by 8.3 per cent to US$1139.4m. The pretax loss was reduced by 27 per cent to US$174.3m, but a 53 per cent increase in the tax charge led to a 39.7 per cent rise in the net attributable loss to US$586.7m. The net debt at the end of September was 3.7 p... |
HeidelbergCement03 November 2014, Published under Cement NewsHeidelbergCement India, which markets its cement under the Mycem Cement brand, sold 17.7 per cent less cement at 2.21Mt, though in the third quarter a 20.9 per cent increase was recorded. The share of turnover generated in central India rose from 67 per cent in the first nine months of 2012 to 80 per cent this year, as the output of the Damoh and Jhansi works in central India rose by 44 per cent, while those in the south and west registered a 24.6 per cent reduction. The turnover for the ... |
Lafarge03 November 2014, Published under Cement NewsLafarge WAPCO Cement Nigeria, one of Lafarge's two main subsidiaries in Nigeria, has reported a 6.3 per cent increase in turnover to NGN74.27bn (US$492m) for the first nine months of 2013, giving rise to a pretax profit of NGN20.66bn. In the third quarter, the pretax profit jumped by some 65 per cent, though turnover was just five per cent ahead, as the three-week maintenance period that was taken in the comparative period last year and led to the import of clinker, did not re-occur this ti... |
Holcim03 November 2014, Published under Cement NewsACC Ltd in India increased cement deliveries in the three months to the end of September by 2.6 per cent to 5.546Mt, while the nine-month figure was off by 0.5 per cent at 18.08Mt. The turnover for the nine months fell by 2.7 per cent to INR82.15bn (US$1.3bn), with EBITDA falling by 29.7 per cent to INR12.682bn and the pretax profit declining by 15.3 per cent to INR9.764bn. At the net attributable level, however, there was a 1.2 per cent improvement to INR8.19bn. Expansion work at the Jamul... |
Holcim increases shipments in the USA, Africa and Asia03 November 2014, Published under Cement NewsHolcim’s turnover for the first nine months declined by 4.7 per cent to CHF14,243m, while in euro terms the reduction was 3.6 per cent to €12,136m and in US dollar terms the decline was just 0.9 per cent, while on a like for like basis there was a 3.4 per cent increase. The Asia Pacific region generated 36.6 per cent of group turnover, down from 37.5 per cent a year earlier, while Europe represented 29.9 per cent, up from 28.4 per cent. Latin America contributed 15.7 per cent against 17.1... |
Better price realisations boost ACC and Ambuja’s third-quarter revenues31 October 2014, Published under Cement NewsHolcim’s Indian subsidiaries ACC and Ambuja Cements both reported higher revenues for the 3Q14, on the back of a recovery in prices, but sales volumes remained a concern. ACC, the country’s second-largest producer, saw revenue grew by 9.4 per cent to INR2742 crore, driven primarily by a better pricing environment. Operating EBTIDA rose 32 per cent to INR379.08 crore. Net profit was INR193 crore, up 62 per cent YoY. Sales volumes at 5.62Mt during the September quarter were only 1.4 per cent... |
Semen Indonesia 9M14 profit up 4.9%31 October 2014, Published under Cement NewsSemen Indonesia, the country's leading cement producer, recorded a net profit of IDR4.09trn (US$336.3m) in the first nine months of this year, a 4.9 per cent increase from the IDR3.9trn recorded a year earlier. The state-owned producer’s revenues surged by 10.9 per cent during the January to September period to IDR19.3trn from IDR17.4trn in the same period of last year. However, a foreign exchange loss of IDR56.3bn as of the third quarter of this year, more than a double from IDR22.6bn in ... |
Egypt: Suez Cement reports 18.3% rise in 3Q14 EBITDA31 October 2014, Published under Cement NewsSuez Cement Group of Companies (SCGC) reported a 48.2 per cent increase in revenues for the third quarter of this year. EBITDA during the three-month period rose by 18.3 per cent and net profit after non-controlling interest was up by 40 per cent. The Italcementi group company said that for the nine months to the end of September 2014, sales increased 30 per cent while recurring EBITDA was 7.8 per cent higher compared to the same period of 2013. However, higher corporate income taxes coupl... |
Pakistan: Lucky Cement first-quarter profit up 4.8%31 October 2014, Published under Cement NewsLucky Cement Ltd, Pakistan’s leading cement producer, saw a 4.8 per cent rise in net profit for the first quarter of the current Pakistan fiscal to PKR2.669bn (US$26m). Earnings per share (EPS) during the July-September 2014 period increased to PKR8.25 against PKR7.87 in the corresponding period last year. Gross profit increased by 5.9 per cent during the quarter as its net sales revenue improved by 12.2 per cent to PKR10.470bn against PKR9.332bn of the corresponding period last year. Loca... |
Lafarge Africa 9M14 pretax profit drops 41.2%30 October 2014, Published under Cement NewsLafarge Africa said its pretax profit for the first nine months of this year dropped by 41.2 per cent YoY to NGN38.08bn (US$231m). Revenue, however, rose to NGN159.39bn from NGN154.78bn previously, the company said in a filing with the Nigerian stock exchange. |