Macedonia’s Usje sees H1 consolidated net profit reach MKD 789.2mn

Usje, the Macedonian cement company, which is owned by Greece’s Titan, has seen its consolidated net profit for the first half of 2014 reach MKD 789.20 million (€12.88 million/US$16.96 million), up by 28% on the year. The company’s operating revenue reached MKD 2 billion, up by 15% on year, while operating costs reached MKD 1.3 billion, up by 5% on year.

August 28, 2014 Read time: 1 min

The company’s operating revenue reached MKD 2 billion, up by 15% on year, while operating costs reached MKD 1.3 billion, up by 5% on year.

Quarry Products

TITAN posts 78.3% profit increase

Cement and building materials producer TITAN Group posted an increased net profit of 78.3% the first half of 2018. Turnover and EBITDA declined in H1, but net profit increased to €24.8million from €13.9mn. TITAN says the net profit increase is mostly derived from foreign exchange (FX) gains and lower tax charges. FX gains amounted to €4.5mn in H1 this year compared to FX losses of €17.1mn in H1 2017. TITAN Group had a lower tax charge of €9.6mn in the first half of this year compared to €16.5mn in H1 2017

March 21, 2019

Titan net profit up by 26%

Greece-based global materials supplier Titan Group increased its net profit by 26.2% in full-year 2018 from the previous year.

Group net profit after minority interests and the provision for taxes reached €53.8m in 2018, compared with €42.7m in 2017.

in 2018, the USA was the main profit generator for the group. Titan says that economic and population growth rates in the regions where the group is active have resulted in an increase in demand for both residential and commercial real estate, against a

August 2, 2024

Titan's profitability up after robust H1 sales growth and cost performance in Europe and US

Titan's total sales for Greece and Western Europe reached €218.5m in H1 2024, up by 10.7% year-on-year

July 28, 2023

Titan returns solid US and Europe performance in H1

Titan Cement International says it saw a "solid" performance in the first half of the year, with the US and Europe driving growth in sales and earnings.

Titan says there is a positive outlook for the rest of the year with solid orderbooks

November 17, 2015

Buzzi Unicem posts €120.3 million net profit

Buzzi Unicem, the Italian building materials manufacturer, posted a 5.2% year-on-year increase in its revenues to almost €2 billion (US$2.15 billion) in the first nine months of 2015.

Net profit reached €120.3 million from €55.4 million, while sales of clinker and cement rose 1.3% to €19.2 million, performing particularly well in Czech Republic, Poland, US and Russia.

At the same time, sales of packaged concrete dropped 2.3% to 8.9 million m³.

For 2015, the company expects to post an EBITDA of abou