News
13.02.2023 18:02CEMEX reports double-digit top-line growth with record reduction in CO2 emissions in 2022
CEMEX announced double-digit top-line growth for 2022 and 4th quarter driven by a robust pricing strategy designed to recover margins. For 2022, EBITDA and EBITDA margin showed improving trends in 4th quarter. CO2 emissions declined by ~4.6% in 2022, the second consecutive year of record carbon reductions.
Region: Mexico
22.11.2022 15:00CEMEX accelerates evolution of its digital commercial offering
CEMEX announced that five years after it kickstarted the digital transformation of the building materials industry with the launch of its end-to-end digital commercial platform, CEMEX Go, it is accelerating its evolution targeting 100% adoption across business lines and customer segments, and a fully automated experience with supply chain visibility.
11.11.2022 16:32Votorantim Cimentos Posts Net Revenue of R$7.6 Billion in the Third Quarter of 2022, a 19% Increase Over 3Q21
Votorantim Cimentos, a sustainable building materials and solutions company, ended the third quarter of 2022 with consolidated net revenue of R$7.6 billion, an increase of 19% compared to the same period last year. This result is primarily due to favorable price dynamics in all regions, which offset the slight drop in volume and the negative effect of the appreciation of the real against the euro on the consolidation of the results of operations abroad.
Region: Brazil
10.11.2022 12:17TITAN Group Q3 2022 results
In the first nine months of 2022, all of TITAN Group’s markets recorded strong sales growth, stemming from solid volumes, especially in cement, and from the realization of strong price increases.
Region: Greece
. Cementos Molins released its results for the first nine months of 2022, a period highlighted by an economic growth slowdown, high inflation costs, especially in Spain, and supply chain disruptions. Despite this challenging environment, Cementos Molins once again delivered a strong quarterly performance, and continues to move forward to exceed the targets defined in the strategic plan 2020-2023.
Region: Spain
Saudi-based cement producer Al Jouf Cement Co. suffered a 74 percent decline in profits during the first nine months of 2022, due to a downward trend in cement prices and sales.
Region: Saudi Arabia
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