Cement News tagged under: financial
UltraTech Cement reports a slight decrease in performance22 October 2024, Published under Cement NewsUltraTech Cement Ltd has released their quarterly performance for the 2QFY25. Consolidated net sales was at INR153.08bn (US$1.82bn) compared to INR157.35bn in the same period a year previous, reflecting a 2.7 per cent decrease. EBITDA was at INR22.39bn, a 17.6 per cent decrease YOY from INR27.18bn. Profit after tax also saw a decrease, falling 35.9 per cent YoY from INR12.81bn to INR8.20bn. With this report, UltraTech have also presented some of the highlights despite what they hav... |
Dalmia Bharat reports decline in profits21 October 2024, Published under Cement NewsDalmia Bharat Ltd has reported a 60.1 per cent decline in consolidated net profits to INR490m (US$5.8m) for the September quarter due to a decline in cement prices. The company had posted a net profit of INR1.23bn for the same period last year. In this period, the company has noted that operations are also down 2.09 per cent to INR3.08bn from INR3.15bn in the previous year. Sales volume was up by 14.1 per cent to 6.7Mt YoY. Dalmia Bharat’s CFO, Dharmender Tuteja, said, “We delivere... |
Titan Group aligns financial strategy with emission reductions targets13 September 2024, Published under Cement NewsTitan Group has announced the launch of a Sustainability-Linked Financing Framework, aligning the group’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). The company hopes this framework will accelerate its sustainable growth. Through this alignment, Titan hopes to show its enduring commitment to upholding responsible business practices and creating long-term value for its stakeholders. The framework allows for futur... |
Heidelberg Materials raises full-year outlook23 October 2023, Published under Cement NewsIn the course of preparing its quarterly statement for the first nine months of 2023, Heidelberg Materials has announced preliminary 3Q23 results above current capital market expectations. Capital market expectations are based on the average values of the latest estimates of financial analysts, compiled by Vara Research on 18 October 2023. Preliminary financial figures from the cement producer’s quarterly statement for January to September 2023 show: Preliminary revenue amounts to EU... |
Financial ratio analysis23 February 2021, Published under Cement NewsCement producers should use financial ratio analysis to compare their performance with others around the world. However, this must be combined with peer group analysis to account for differing operational circumstances. Figure 1: EBITDA profit margin Financial ratio analysis is used to assess the condition and performance of cement companies based on the performance published in their financial statements, such as their income statement (profit and loss), statement of financial ... |
The leading cement groups07 August 2018, Published under Cement NewsICR’s annual corporate profile review looks at the industry’s leading cement producers and their business activities and financial performance in 2017 and 2018. Production capacities of major cement producers (incl JV), 2017 This year our corporate round-up features those companies who have been both the most active and influential in the global cement sector over the last 12 months. 2017 saw an ongoing sea change in the worldwide production of cement, as the wave of merger acti... |
It's all about the costs26 August 2016, Published under Cement NewsDr Clark considers the value of measuring and comparing the costs of making cement as the first step to optimising, ie minimising, those outlays as he discusses cost benchmarking and optimisation. Raw materials can be cheaper to extract with bulldozers The Technical Forum has covered many technical topics related to the production of cement over the years. However, we must always keep in mind that cement-making companies and factories must also be money-making operations to s... |
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