Spanish company Cementos Molins’ profit falls to €10.8mn

Spanish cement firm, Cementos Molins, generated a profit of €17.97 million during the first six months of 2014, which represents a 116.9% growth. This has been attributed to a 39% decrease in losses in Spain to €13.6 million. International activity brought in profits of €31.6 million. Other figures show that turnover fell 6.7% to €248.4 million, whilst gross operating profit stood at €1.5 million.

Italian building materials producer Buzzi Unicem has posted a 62.1% year-on-year decrease in its net profit to €21.8 million for the first nine months of 2013, while its net revenues fell 3.2% to approximately €2.08 billion.

Its net debt fell to slightly over €1.107 billion from €1.125 billion, and the company registered a 1.2% drop in sales of clinker and cement to 20.6 million tonnes, registering the more dramatic sales decrease in Ukraine, Mexico and Czech Republic.

Sales of pre-packaged concrete a

Net consolidated profits of Spanish cement firm Cementos Molins increased by 37.6% year-on-year in the first nine months of 2015 to €41.9 million due to the good trading of its international operations, especially in Mexico and Argentina.

Although the Spanish subsidiary has registered an improvement in results, it is still posting negative net profits, while profits of the international divisions increased by 7.5% to €51 million. At the same time, net consolidated revenues went up by 21.8% to €473 mill