Italy: Italcementi’s sales revenue has fallen by 2.1% year-on-year to Euro2.12bn in the first half of 2016 from Euro2.17bn in the same period in 2015. Its sales volumes of cement rose by 2.8% to 22.3Mt from 21.7Mt. Earnings before interest, tax, depreciation and amortisation (EB
Tarmac has acquired 11 ready-mix concrete sites from Breedon Aggregates and Hope Construction Materials. The acquisition forms part of Tarmac’s strategy to ensure that it is well positioned to support UK infrastructure and construction growth and will provide significant additio
According to Timetric’s Construction Intelligence Centre, Iran’s construction industry is likely to perform well up to 2020, with growth driven by investments in energy, residential and infrastructure construction projects. Improvements to investor and consumer confidence due t
Greece: Titan’s turnover has risen by 7.6% year-on-year to Euro724m in the first half of 2016 from Euro673m in the same period in 2015. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 13.5% to Euro120m from Euro105m. However, its net profit fe
Highlights Q2 2016 and outlook: Increased sales volumes in all business lines. Group revenue stable at €3.6 billion. Operating income rose by 8% to €601 million. Improvement of margins in all business lines. Significant improvement of free cash flow; net debt red
Dangote Cement has reported a revenue of N292 billion in the second quarter ended 30 June 2016 indicating an increase of 20% over the N242 billion figure posted in the corresponding period in 2015. According to the reports filed with the Nigerian Stock Exchange (NSE), the company
HeidelbergCement, through its subsidiary Ciments Français S.A.S, entered into an agreement with Aalborg Portland Holding A/S, a subsidiary indirectly 100% controlled by Cementir Holding, to sell operations in Belgium, primarily consisting of Italcementi’s Belgian subsidiary
Sri Lanka: LafargeHolcim has signed an agreement with Siam City Cement to sell Holcim Lanka for US$400m. Holcim Lanka operates one integrated plant and one grinding plant in the country. The transaction is expected to close in the third quarter of 2016. The proceeds from the sale
