Cement News tagged under: business results
Lafarge02 July 2015, Published under Cement NewsAs part of the joining up with Holcim, Lafarge is acquiring Baring’s 14 per cent stake in Lafarge India for EUR270m. Lafarge’s subsidiary Ashaka Cement reported a 53.5 per cent drop in first-quarter profits to the end of March to NGN886m (US$4.5m) as insurgency disrupted operations and a prolonged rainy season reduced demand. The turnover in the perion decreased by 29.8 per cent. |
Cementos Argos29 June 2015, Published under Cement NewsCementos Argos’ 1Q15 results have revealed a 27 per cent jump in revenue to COP1.7trn (US$630m), driven by growth in trade to the US. Consolidated EBITDA over the period advanced by 18 per cent to COP307bn (US$121m) while net profit rose 3.3 per cent. Cement dispatches improved by 18 per cent to 3.2Mt over the quarter with the Colombian market registering a 19 per cent increase to 1.5Mt. The US market, however, saw shipments rise by 39 per cent to 635,000t, while the Caribbean and Central ... |
Holcim01 June 2015, Published under Cement NewsHolcim's first-quarter turnover declined by 2.8 per cent to CHF3972m (EUR3699m), but on a like-for-lake basis, there was a 1.6 per cent reduction while measured in euros the turnover was ahead by 10.7 per cent. Operating EBITDA declined by 3.9 per cent to CHF593m (EUR552m). The trading profit declined by 11.5 per cent to CHF261m (EUR243m), while the net attributable profit jumped by 289.3 per cent to CHF310m (EUR289m). Net debt at the end of March was 0.3 per cent higher at CHF9670m (EUR7862... |
Lafarge01 June 2015, Published under Cement NewsLafarge's first-quarter turnover increased by 5.5 per cent to EUR2779m and EBITDA rose by 17.5 per cent to EUR403m, while the running profit advanced by 40.4 per cent to EUR205m. Net financial costs were reduced by 18.1 per cent to EUR190m, but the pretax loss declined from EUR101m to EUR99m, with the net attributable loss declining by 28.9 per cent to EUR96m. Net debt at the end of March was 1.5 per cent lower at EUR9803m, giving a gearing level of 59.2 per cent. Cement deliveries in the... |
HeidelbergCement01 June 2015, Published under Cement NewsHeidelbergCement's first-quarter turnover improved by 12.4 per cent to EUR2835m and EBITDA improved by 45.9 per cent to EUR299m. The trading profit jumped 183 per cent to EUR115m. The net interest charge declined by 1.3 per cent to EUR158m and the pretax loss was reduced by 12.9 per cent to EUR101m and the net attributable loss declined by 16.3 per cent to EUR123m. Capital expenditure for the full year should be around EUR1200m, half of which would for expansion. Net debt at the end of March... |
Italcementi01 June 2015, Published under Cement NewsItalcementi's first-quarter turnover improved by 5.1 per cent to EUR980.5m while running EBITDA eased by 0.4 per cent to EUR95.2m. The trading loss was increased by 13 per cent to EUR4.7m and net interest charge increased by 2.6 per cent to EUR34m. The pretax loss declined by 23.1 per cent to EUR34m, but a higher tax charge led to a 7.5 per cent increase in the net attributable loss to EUR73.4m. The net debt at the end of March was 8.7 per cent higher at EUR2343.9m, to give a gearing level o... |
Buzzi Unicem01 June 2015, Published under Cement NewsBuzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48.6 per cent to EUR19.24m. Net financial charges increased by 31.3 per cent to EUR43.01m giving a seasonal pretax loss 24.5 per cent lower at EUR46.16m. Net debt at the end of March was 6.6 per cent higher at EUR1133.3m, giving a gearing level of 45.1 per cent compared with 45.5 per cent a year earlier. Cement deliveries in... |
Cimpor01 June 2015, Published under Cement NewsCimpor has reported a first-quarter turnover 7.4 per cent higher at EUR636.6m, but EBITDA declined by 7.2 per cent to EUR123.4m. The trading profit (EBIT) was 17.6 per cent lower at EUR74m. The net financial charge declined by 18.9 per cent to EUR75.3m to give a pretax loss of EUR1.3m, compared with EUR3.1m a year earlier. At the net attributable level there was a loss of EUR17.2m, compared with a loss EUR10.8m a year earlier. The net debt was 0.6 per cent lower at EUR3522m, but the gearing ... |
Vicat01 June 2015, Published under Cement NewsVicat's first-quarter turnover emerged 0.1 per cent ahead at EUR537m, which represents an underlying decline of eight per cent. The cement turnover improved by 5.9 per cent to EUR341m, as cement shipments declined by 7.7 per cent to 4.25Mt. The turnover in concrete and aggregates was 5.2 per cent lower at EUR189m as aggregates shipments declined by 18.7 per cent to 4.19Mt. Ready-mixed concrete deliveries came off by 9.1 per cent to 1.72Mm³. Other products and services generated a turnover 11... |
CRH01 June 2015, Published under Cement NewsCRH's underlying sales in the first four months declined by around two per cent in Europe and increased by about eight per cent in the Americas during the 4M15. Some EUR45m was spent on acquisitions and investment during this period, while EUR540m was raised from divestments during the period. Group EBITDA in the first half expected to be around 10 per cent ahead of last year. Heavy building materials volumes in Ireland continued to recover and the Dutch housebuilding market is showing si... |