Cement News tagged: Corporate
Cementir: weaker Italian performance offset by...
Helped by the acquisitions from FLS Industries last year, Cementir increases its first quarter turnover by 140.8% to €171.7m and the operating profit at the EBITDA level rose by 65.0% to €25.9m. Turn
Saudi Yamama Cement Q1
Saudi cement producer Yamama Cement Company (YCC) posted a net profit of 102.8 mln Saudi riyals ($27.4m) for the first quarter of 2005, up from 98.3 mln riyals ($26.2m) in the
Higher demand pushes Holcim Romania Q1
Holcim Romania, a unit of the Swiss cement company Holcim Ltd., said on Thursday its first-quarter turnover rose 10 per cent year-on-year as a result of higher demand on the local
Titan looks to the USA and Bulgaria for growth in 2005
Titan’s turnover in the first quarter of 2005 grew by 4.3% to EUR 57.3m and the operating profit at the EBITDA level was 1.4% higher at EUR 57.3m. Excluding exchange rate movements, these increases a
Cementos Lemona EUR 3.53m 1Q net profit
Spanish cement maker Cementos Lemona posted a net profit of EUR 3.53m (US$4.54m) for the first quarter 2005, a surge of 58.3% YoY, the company said. The revenue of the cement maker totalled EUR23.5m u
UAE Sharjah Cement net profit surges 140% YoY
The net profit of UAE cement producer Sharjah Cement and Industrial Development Company surged 140% YoY to AED60.11m (US$16.4m) in the first quarter of 2005.
Kuwait Cement Co Q1 net profits rise
The net profit of Kuwaiti cement maker Kuwait Cement Company rose to 9.21 mln Kuwaiti dinars ($31.6m) in the first quarter of 2005 from 5.06 mln dinars ($17.3m) in the same period
WAPCO seeks US$77m from rights offer
Nigeria’s West African Portland Cement Company , a subsidiary of the world’s leading cement firm Lafarge , said on Monday it had launched its rights issue to raise 10.2 billion
Dyckerhoff losses
Germany’s Dyckerhoff AG said Monday it had a net loss of EUR26m in the first quarter of 2005 after a loss of EUR24m in the previous year period. The company said sales of EUR202m almost matched the pr
Titan Q1 net expected to rise
Greek cement producer Titan is expected to post a rise in first-quarter net profit due to a change in accounting rules and to gains in its international operations, offsetting the post-Olympic Games s
CRH believes it is better positioned
Chairman Pat Molloy, speaking at last week’s AGM in Dublin, said the impact on the business depended on the extent to which it was able to pass on any increase. "So far in 2005 we have had more succes
RAK cement company net up
The Ras Al Khaimah Company for White Cement and Construction Materials posted a 330 per cent jump in its net profits over 2003, company representatives said in a report carried by Gulf News. The compa
ACC profits up 89 per cent
ACC has posted a rise of 88.96 per cent in net profit at Rs 378.39 crore for the year ended March 31, 2005 compared with Rs 200.24 crore last year. Total income (net of excise) rose 16.45 per cent fro
Strong profit growth at Eagle Materials
For the full year to the end of March, Eagle Materials achieved a turnover of US$616.5m, an increase of 22.7%. The trading profit before corporate overheads and interest charges jumped by 49.0% to US$
Lafarge’s first quarter cement off by 4.1%
The Lafarge group turnover rose by an underlying 1.9% to EUR 2,945m in the first three months of the year, with the contribution from cement being 2.1% higher at EUR 1550m.
Italcementi forms joint venture with Arabian Cement Company
Italcementi’s first quarter results were hit by the adverse March weather in Europe and turnover declined by 1.6% to EUR 990.2m, with the EBITDA falling by 14.2% to EUR