Cement revenues increase to €1bn at Titan

Titan Cement of Greece has seen its revenues rise 18.9% to €1.03 billion from January to September, 2015, as compared to the same period in 2014. Meanwhile, Titan also posted a 12.6% rise in its EBITDA, to €165.2 million, and a net profit of €36.2 million, from €30.5 million profit the previous year.
November 17, 2015 Read time: 1 min

719 Titan Cement of Greece has seen its revenues rise 18.9% to €1.03 billion from January to September, 2015, as compared to the same period in 2014.

Meanwhile, Titan also posted a 12.6% rise in its EBITDA, to €165.2 million, and a net profit of €36.2 million, from €30.5 million profit the previous year.

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Irish building materials giant CRH saw its pre-tax profits rise a healthy 36% to €1.03 billion last year.

The company said its US sales had benefitted from a weaker euro, and they expect the favourable exchange rates that helped boost its 2015 profits to continue this year.

CRH’s American businesses, which are mainly focused on the US, contributed €917 million to its €1.27 billion operating profits in 2015.

Last year’s global CRH sales were worth €23.6 billion - 25% up on the €18.9 billion achieved

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