Cement News tagged under: western europe
Breedon Group's revenues for 10M20 reach GBP750m18 November 2020, Published under Cement NewsBreedon has issued a scheduled trading update with group revenues in both September and October ahead of the same period in the prior year, on a like-for-like basis. As a result, the group saw revenues for the first 10 months of the year reach GBP750m (2019: GBP800m), including three months contribution from the former Cemex assets in the UK. The board now expects the group's underlying EBIT for the full year to be at least GBP70m, which is ahead of current market expectations. ... |
HeidelbergCement produces Europe's largest printed residential building18 November 2020, Published under Cement NewsEurope’s largest printed residential building is currently being built in Bavaria at a rate of 18m per minute. For this purpose, HeidelbergCement has delivered about 170t of printing material specially developed for concrete 3D printing. The innovative material 'i.tech 3D' was already used about eight weeks ago to print the first residential building in Beckum, Germany. "With this second project in Germany, we are taking the next step and showing that our material is also suitable fo... |
FLSmidth names Carsten Riisberg Lund as new Cement Industry President16 November 2020, Published under Cement NewsCarsten Riisberg Lund has been appointed FLSmidth’s new Cement Industry President and member of the Group Executive Management. Mr Riisberg Lund has been with FLSmidth for 33 years in various roles, most recently as the president for Region Europe, North Africa and Russia (ENAR) where he has been responsible for all sales and service activities in the region, with a particular focus on customer relationships and creating a single interface to the customer. He has played a vital role in imp... |
Cementir sales up but profit slips in 9M2013 November 2020, Published under Cement NewsCementir posted a revenue of EUR896.8m in the nine-month period ended 30 September 2020 down one per cent YoY, according to a company statement. EBITDA declined 2.1 per cent to EUR178.1m from EUR181.8m. Profit before taxes decreased 2.3 per cent to EUR81.2m in January-September 2020 when compared with EUR83.7m in the equivalent period of the previous year. “In the first nine months of 2020, despite the serious pandemic, the Group reported a 11.3 per cent increase in cement volumes sold, m... |
Titan Group reports revenues of EUR1202m in 9M2012 November 2020, Published under Cement NewsTitan Group announced its consolidated revenue totalled EUR1202.4m for the 9M20, a marginal decline of 0.5 per cent when compared with the revenue in the 9M19. Operating profitability (EBITDA) in January-September 2020 rose by 10.1 per cent to EUR229.4m. Net profit after taxes and minorities in the 9M20 was EUR58m compared to EUR45.2m in 9M19. In the 3Q20 Titan Group’s revenue fell by 1.7 per cent compared to the 3Q19 at EUR416m, while group EBITDA in the 3Q20 grew by 7.4 per cent to EUR9... |
Buzzi Unicem records cement and clinker sales of 21.7Mt in 9M2010 November 2020, Published under Cement NewsBuzzi Unicem announced that cement and clinker sales for the group totalled 21.7Mt in the 9M20, down 1.8 per cent compared to the previous year. Ready-mix and concrete sales contracted by 4.9 per cent to 8.7Mm 3 . Consolidated net sales stood at EUR2408m, a minor dip of 0.6 per cent on the EUR2423.6m earned in the 9M19. On a like-for-like basis net sales would have slipped 0.3 per cent. The summer period was characterised by positive developments in Italy, thanks to a better-than-expec... |
Breedon disposes of 14 assets to Tillicoultry Quarries for GBP12.2m09 November 2020, Published under Cement NewsBreedon Group Plc is pleased to announce that it has agreed the disposal of certain assets to Tillicoultry Quarries Ltd for GBP12.2m on a cash and debt-free basis. The 14 sites to be divested include 10 ready-mixed concrete plants and an asphalt plant and associated aggregates depot in England, and two quarries and a cement terminal in Leith, Scotland. The earnings of the assets being disposed of are not material to the Breedon Group. Breedon is divesting these assets at the di... |
HeidelbergCement announces a 8% fall in revenues for 9M2005 November 2020, Published under Cement NewsHeidelbergCement announced its January-September 2020 revenue decreased by 7.9 per cent to EUR13,140m in comparison with the previous year's EUR14,273m. Excluding consolidation and exchange rate effects, the decline amounted to 6.9 per cent. Changes to the scope of consolidation of EUR4m and exchange rate effects of EUR159m had a negative impact on revenue. Group-wide cement and clinker sales volumes fell by 4.7 per cent to 90.1Mt (previous year: 94.5Mt) in the first nine months. Exc... |
Cem'In'EU speaks out on Carbon Border Adjustment Mechanism05 November 2020, Published under Cement NewsCem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries. "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f... |
Vicat reports sales of EUR2.07bn04 November 2020, Published under Cement NewsVicat Group’s consolidated sales reached EUR2.066bn in the first nine months of 2020, stable on a reported basis and up 2.1 per cent YoY at constant scope and exchange rates. EBITDA increased to EUR403m from EUR373m in the 9M19. Overall cement sales also advanced 8.4 per cent at a constant scope. “The Vicat Group’s performance over the first nine months of 2020 demonstrated its resilience and its tremendous ability to seize growth opportunities arising in its markets. The impact of COVID o... |