Cement News tagged under: business strategy
A path towards value creation28 February 2018, Published under Cement NewsIn the first instalment of this two part article, McKinsey & Co reveals how the large, multinational players have failed to create value for their investors and have been outperformed by their regional counterparts. Can the emerging regional champions offer a new path to sustained value creation? By Michael Birshan, McKinsey & Co, UK, Patrick Schulze & Thomas Czigler, McKinsey & Co, Germany, and Siddharth Periwal, McKinsey & Co, India. Figure 1: overview of cement industry performance... |
China National Building Materials (CNBM)26 January 2016, Published under Cement NewsIn 2016 CNBM will be focussing on profit and efficiency, optimising its management system, and developing its international business, according to Cao Jianglin, CNBM’s general manager, speaking at the group’s 2016 conference held in Beijing this month. T he meeting highlighted the success to date of the company’s 12th Five-Year Plan but also drew attention to the ongoing downward pressure on the Chinese economy. According to the latest figures from the company, CNBM has a special cement c... |
Cemex details plans to raise EBITDA to US$4.7bn by 201615 February 2013, Published under Cement NewsAt its 2013 Cemex Day, Cemex set out its ambitious target to increase its EBITDA from US$2.6bn in 2012 to US$4.7bn in 2016 as the company charts its recovery. The plans of the Mexico-based cement major are supported by three main pillars. Firstly, a recovery in volumes accounts for US$1.4bn of the advance. In addition, Cemex intends to be more disciplined on pricing in future, budgeting a US$1bn price increase over variable cost rises and restrict the advances in fixed costs to US$0.3bn duri... |