News
Ambuja Cement, now a part of Adani Cement, reported a 68% drop in standalone net profit at ₹138 crore for the quarter ended 30 September, 2022 (Q3FY23) versus ₹441 crore during the same period last year. Shares of Ambuja were trading at ₹513.70 apiece on the NSE, marginally down at 0.77% in afternoon deals.
Region: India
05.04.2022 10:35Votorantim Cimentos Ends 2021 With Net Profit of R$1.6 Billion, a 244% Increase Over 2020
Votorantim Cimentos ended 2021 with net profit of R$1.6 billion, an increase of 244% compared to 2020, primarily due to better operating results—with growth in sales in all regions where the company operates—and gains related to the consolidation of acquisitions made in North America and Spain.
Region: Brazil
30.03.2022 10:17TITAN Cement Group: Full Year Results 2021
TITAN
Cement Group generated record revenues of €1,714.6 million, up 6.7% from 2020,
reflecting higher demand and a supportive pricing environment.
Region: Greece
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19.11.2021 15:58Titan Cement concluded results for nine months of 2021
The Group took action to recoup costs through a second price increase in late summer but considering contracts already in place and the magnitude of the spike in costs, the effect of those mitigating actions will inevitably manifest itself with a time-lag. A new round of price increases was announced applicable on January 1st aiming to recover the margin lost due to cost inflation.
Region: Belgium
12.11.2021 16:03Votorantim Cimentos posts a 57% net income increase in the third quarter of 2021 over 2020
The company had global net revenue of R$6.4 billion in the third quarter of the year, an increase of 24% compared to 3Q2020
Region: Brazil
CEMEX stated earlier that supply chain snags and project delays will squeeze its full-year operating profit, even as it plans double-digit U.S. price hikes to offset higher costs
Region: Mexico