Cement News tagged under: business results
Vicat04 March 2019, Published under Cement NewsVicat's turnover edged ahead by 0.7 per cent in 2018 to EUR2582m and EBITDA eased by 2.2 per cent to EUR435m, while at unchanged exchange rates and other parameters the changes would have been +5.9 per cent and +2.7 per cent, respectively. The trading profit was ahead by 0.8 per cent to EUR249m, with the advance at unchanged parameters being 5.9 per cent. The net financial charge was 31.6 per cent or EUR8.9m lower at EUR19.3m. After a reduction in the contribution from associates from EUR5.6... |
Buzzi Unicem04 March 2019, Published under Cement NewsBuzzi Unicem's turnover improved by 2.4 per cent in 2018 to EUR2873m, with a like-for-like improvement of 3.2 per cent. Net debt at the end of December was 3.2 per cent above the level seen a year earlier at EUR891m. Group cement and clinker deliveries in 2018 increased by 4.3 per cent to 27.9Mt, while ready-mixed concrete deliveries were 3.6 per cent lower at 11.8Mm³. Buzzi Unicem's Italian turnover benefited from the initial consolidation of the Zillo group for the full year. That helpe... |
CRH04 March 2019, Published under Cement NewsCRH's turnover improved by 6.2 per cent in 2018 to EUR26,790m and EBITDA was ahead by seven per cent to EUR3365m. The trading profit rose by 3.9 per cent to EUR2177m. The net interest charge was 5.5 per cent higher at EUR305m and the pretax profit was a marginal 0.07 per cent lower at EUR1862m. The tax charge jumped from EUR55m to EUR426m but remains relatively modest at 22.9 per cent. After a jump in profits from discontinued activities from EUR107m to EUR1085m, the net attributable profit ... |
Cemex Latin American Holdings04 March 2019, Published under Cement NewsCemex Latin American Holdings saw turnover recover by 5.4 per cent to US$14,374.6m, and to virtually the same level it had two years previously, but EBITDA was 0.6 per cent lower at US$2557.9m, with the margin coming down from 5.6 to 5.2 per cent. The trading profit deteriorated by 6.9 per cent to US$1420.5m and after a 64 per cent decline in financial expenses to US$63.6m and other items, the pretax profit recovered by 11 per cent to US$805.3m. After tax and minorities, the net attributable... |
Cemex04 March 2019, Published under Cement NewsCemex' turnover improved by 1.7 per cent in 2018 to US$148,374.6m, while EBITDA eased by 0.6 per cent to US$1557.9m and trading profit fell by 6.9 per cent to US$1420.9m. However, the net interest charge dropped by 37.8 per cent to US$635.6m, as borrowings were reduced, giving a pretax profit 11 per cent higher at US$805.3m. The tax charge was 7.4 per cent after the previous year’s exceptionally charge. Minorities fell by 54.6 per cent, giving a net attributable profit 32.6 per cent lower at... |
HeidelbergCement04 March 2019, Published under Cement NewsThe 2018 preliminary figures from HeidelbergCement show a 4.7 per cent advance, or +8.0 per cent on a comparative basis, in turnover to EUR18,075m. However, EBITDA declined by 6.8 per cent to EUR3074m and the trading profit was off by 9.4 per cent to EUR1984m, or by 3.6 per cent on a comparative basis. The group sales of cementitious materials rose by 3.2 per cent to 129.93Mt, while the aggregates volume increased by 1.4 per cent to 309.4Mt. Ready-mixed concrete deliveries were ahead by 3... |
LafargeHolcim04 March 2019, Published under Cement NewsLafargeHolcim’s Indian subsidiary ACC Ltd reported an 8.5 per cent rise in cement deliveries in 2018 to 28.4Mt and in the fourth quarter the advance was 8.7 per cent to 7.5Mt. Cement capacity increased by 5.9Mta thanks to a new greenfield operation in Madhya Pradesh and a new grinding plant in Uttar Pradesh as well as expansions to the plants in Tikaria and Sindri. Ready-mixed concrete deliveries improved by 16.6 per cent to 3.16Mt in the year, helped by the commissioning of 18 new plants du... |
Sharjah Cement reports fall in profit for 201804 March 2019, Published under Cement NewsUAE-based Sharjah Cement & Industrial Development Co has reported a 54.6 per cent YoY fall in profit during 2018, declining to AED29.4m from AED64.78m (US$17.6m) in 2017. Revenue also decreased 8.2 per cent to AED596.8m, compared with AED650m of the previous year. |
LafargeHolcim Bangladesh's profits up 38%04 March 2019, Published under Cement NewsLafargeHolcim Bangladesh has informed Dhaka Stock Exchange (DSE) that its consolidated profit stood at BDT1.11bn (US$13.1m) for the year ended on 31 December 2018, up 38 per cent from BDT805m in the previous year. Producing around 4.2Mta of cement, LafargeHolcim Bangladesh has sofar invested about US$500m in Bangladesh, and is having plans for further investments. The plant at Chhatak, Sunamganj, is the only dry-process integrated cement plant of the country. Furthermore, the company's pl... |
Arabian Cement records net loss in 201804 March 2019, Published under Cement NewsArabian Cement has recorded a SAR26.2m (US$6.98m) loss for the full-year 2018 period, compared with a SAR262.7m net profit of the previous year. The Saudi producer has attributed the loss to a drop in average selling prices, lower sales, higher financing expenses and zakat provision, according to the company’s statement to the Saudi Stock Exchange. Sales declined 34 per cent to SAR600.7m in 2018, falling from SAR905.7m in 2017. The 4Q18 saw the company’s profit drop 83.2 per cent YoY to SA... |