Bulgaria/Romania: Holcim sees cement sales fall in 2012

Heidelberg Cement says that during the second quarter of 2015 s sales volumes increased in all business lines and group revenue wasup by 10% to €3.6 billion (previous year: €3.3 billion; like-for-like +0.4%).

The company’s Q2 results also show that operating income before depreciation (OIBD) improved by 15% to €752 million (previous year: €655 million; like-for-like* +6%); the OIBD margin improved to 20.7%, and a reduction in net debt compared with the previous year by €1.6 billion to €6.3 billion,

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A sharp rise in financing costs is said to be behind Italcementi's turnover decline of 6% to €2.048.4 billion in H1 2014. The running Ebitda improved by 2.2% to €304.8 million helped by a 6.2% reduction in the amortisation and depreciation charge, while the trading profit improved by 27.7% to €99.8 million.

The 66.5% hike in financing costs, largely related to interest rate derivatives and derivatives on CO2 hedging, is said to have led to a net financial charge of €75.1 million. After contribution fro

Despite the fall in income in 2012, Vicat will pay a dividend worth €1.50 per share, unchanged. The French building materials group posted consolidated net income down 23.4% to €148 million in 2012, the result of weak activity affecting its cement business as well as its concrete and aggregates arms both in France and in Egypt.