Cement News tagged under: business results
Breedon 1H17 results boosted by Hope contribution20 July 2017, Published under Cement NewsBreedon Group plc, the UK’s largest independent construction materials group, announces its unaudited interim results for the six months ended 30 June 2017, reporting a strong profit improvement from former Breedon Aggregates business and robust contribution from former Hope Construction Materials. The former Breedon Aggregates business posted a strong profit improvement, even after taking into account the shutdowns of both Hope kilns for planned annual maintenance and upgrade during the ... |
Fancesa sees rise in net profit and reinvestment03 July 2017, Published under Cement NewsFancesa of Bolivia reported a net profit of BOB255m in 2016, a rise of BOB6.2m when compared with 2015. Some 60 per cent of net profit will be distributed between the three co-owners while 40 per cent will be reinvested in the cement company to pay for its new production line. The previous year, some 20 per cent of BOB248.8m generated net profits were reinvested. "In this management has decided that 60 per cent of profits are distributed among co-owners and 40 per cent goes to reinves... |
Eagle Cement reports 30% 1Q earnings rise30 June 2017, Published under Cement NewsEarnings of the newly-listed Eagle Cement Corp in the Philippines increased by 30 per cent in the first quarter of 2017, driven by a rise in sales volume during the first three months of the year. Net income reached PHP1.03bn (US$20.3m) for January to March, following an increase of 19 per cent in net sales to PHP3.77bn. "The retail business remains strong and with the government's pronouncement of increased infrastructure spending under its PHP8-trillion "Build Build Build" plan, th... |
Cement Hranice sees sales and profits rise in 201629 June 2017, Published under Cement NewsDyckerhoff-owned Cement Hranice reported a one per cent rise in sales in CZK1.476bn (US$0.064m) in 2016. Net profit of the Czech cement producer advanced from CZK410m to CZK424m, according to the company’s annual report. Board Chairman, Jaromir Chmela, reported a moderate sales volume increase in the Czech Republic and Slovakia. "The Czech construction sector reported a mild recovery again, which had a positive impact on our company's results," he said. In addition, the warmer winter wea... |
PT Indocement26 June 2017, Published under Cement NewsIndonesia’s cement producers, including PT Indocement, saw total domestic cement sales rise by seven per cent YoY in May 2017 to 5.47Mt, according to the Indonesian Cement Association (ASI). This is being attributed to a recovery in the country’s property sector and increased investment in infrastructure developments. According to the ASI, sales for January to May this year came in at 25.3Mt, up four per cent on the same period last year. May also saw a 13 per cent advance in sales of bul... |
PPC26 June 2017, Published under Cement NewsFor the year ending March 2017, PPC saw its group revenue improve by five per cent to ZAR9641m (US$750m), compared to ZAR9187m in the previous year. EBITDA over the same period slipped by 13 per cent from ZAR2385m to ZAR2065m, while operating income fell 24 per cent from ZAR1630m to ZAR1233m. The uptick in revenue was attributed to the strength of its rest of Africa business, which saw its EBITDA increase by 19 per cent over the period. The rest of Africa cement business saw revenues adva... |
Semen Indonesia26 June 2017, Published under Cement NewsSemen Indonesia saw its sales volume increase by 10 per cent in May 2017, compared to the same period last year, taking total sales to 2.35Mt. Domestic sales accounted for 2.18Mt, up 3.6 per cent, while exports came in at 168,000t, a rise of 348.5 per cent on the same month in 2016. Total sales volumes for the first five months of 2017 stand at 10.98Mt, up 8.2 per cent on 5M16. By region, Yogyakarta saw the biggest increase in cement consumption, rising by 24.9 per cent in May to 97,123t,... |
LafargeHolcim02 June 2017, Published under Cement NewsLafargeHolcim's first-quarter turnover amounted to CHF5630m (EUR5209m). The Asia-Pacific region generated 31 per cent of group turnover, while Europe represented 25.8 per cent and North America 15.8 per cent. Latin America contributed 12.1 per cent and Africa/Middle East 15.3 per cent. Margins improved from 12.8 to 14.2 per cent and underlying operating EBITDA came off by 4.7 per cent to CHF801m (EUR741m). Net debt at the end of March was 17.1 per cent lower at CHF15,014m (EUR13,892m), givin... |
CRH02 June 2017, Published under Cement NewsCRH's underlying sales in the first quarter improved by around three per cent, with European turnover advancing by six while in The Philippines there was a 12. per cent decline. Group EBITDA in the first half is expected to be ahead of the EUR1120m achieved in 1H15. 1H17 results will be announced on 24 August. Heavy building materials volumes in Great Britain were ahead except for cement, which was marginally behind. French volumes showed an improvement thanks to increased housebuilding ... |
Buzzi Unicem02 June 2017, Published under Cement NewsBuzzi Unicem's 1Q17 turnover improved by 8.9 per cent to EUR588.5m. Net debt at the end of March was 4.1 per cent higher at EUR979.9m, while capital expenditure was reduced by 29.0 per cent to EUR49.2m. Cement deliveries increased by 4.5 per cent to 5.2Mt, while group ready-mixed concrete deliveries were ahead by 9.1 per cent to 2.6Mm³. The Italian turnover advanced by 12.7 per cent to EUR95.1m as deliveries of cement and clinker showed a good improvement thanks to higher export shipments... |