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CRH '09 net falls 55%, considering M&A 05 January 2010 may not be as positive as they had once hoped. In fact, Reuters reports ÔÇ£CRH warned of a sharper than expected slide in profits and said the outlook for construction markets remained murky, denting shares in the United States' leading asphalt... Type: Article Category: Financial North, East India cement players to fair better in Q4 30 December 2009 Cement companies in northern and eastern India are expected to see higher profits than those in the southern region. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] In... Type: Article Category: Financial Yanbu Q4 profits fall 36% 28 December 2009 Saudi Arabia based Yanbu Cement announced that net profit for the fourth quarter will decline 35.5%. (CW Group) The company said in a statement that it believes net profit for 2009 will reach 478 million riyals ($127.5 million), a decline from 559.7... Type: Article Category: Financial Southern Province Cement profits off 8% 27 December 2009 Saudi Arabia's Southern Province Cement Company said profits will be 8% lower in 2009 than last year. (CW Group) On Sunday the top three Saudi cement producer said that net profit for 2009 will be 7.8% lower than in 2008. According to Dow Jones, the... Type: Article Category: Financial Venezuela: workers strike over outstanding payments 23 December 2009 of contractors in the F├íbrica Nacional de Cementos yesterday morning held a protest at delays in payments of wages and profits, but these shares were suspended in the afternoon when the government authorized the cancellation of outstanding amounts.ÔÇØ... Type: Article Category: People Bamburi profits to decline on lower infra spend 15 December 2009 Lafarge expects profits for Bamburi Cement to drop during the second half of the year. (CW Group) Although Bamburi's net income rose 33 percent during the first six months of 2009, Lafarge does not expect its Kenya-based facility to perform the same... Type: Article Category: Financial Mexico: remittances may boost Cemex 30 November 2009 An increase in money transfers to Mexico may boost profits for the Mexican cement maker, Cemex. (CW Group) Mexico-based cement manufacturer, Cemex, may see an increase in cement sales in the near future because of money transfers. Bloomberg reports... Type: Article Category: Financial US insulation suffering housebuilding demand woes 27 November 2009 and injection-molded electronic components. The insulation division's turnovers totaled $1.6 billion in 2008. Operating profits went from 54 percent of the total in 2007 to 4 percent last year due to the decline in housebuilding sales. Leading... Type: Article Category: Markets & Competition Titan net profits for first nine months decline 36.5% 25 November 2009 Titan Cement's net profits dropped 36.5% to 103.7 million euro for the first nine months when compared to the same period last year. (CW Group) The general decline in the Greek economy has caused Titan Cement to report a drop in Group Turnover, EBITDA,... Type: Article Category: Financial Lafarge Malayan pre-tax profit drops 9% in Q3 25 November 2009 related to ÔÇ£higher export volume, improved plant performance and strict cost control.ÔÇØ Between January and September, profits before tax reached RM317.931 million compared to RM268.346 million during the same period the previous year. While third... Type: Article Category: Financial Lafarge Malayan pre-tax profit drops 9% in Q3 25 November 2009 related to ÔÇ£higher export volume, improved plant performance and strict cost control.ÔÇØ Between January and September, profits before tax reached RM317.931 million compared to RM268.346 million during the same period the previous year. While third... Type: Article Category: Markets & trade Hardie calls bottom of US housing 22 November 2009 11% fall in second quarter sales. (CW Group) The Australian building materials manufacturer reported a 4% rise on operating profits, even though second-quarter sales were $US304.2m, down 11% from revenue of $US341.9m a year ago. "The US residential... Type: Article Category: Financial KHD profits fall 76% in Q3, but sees improvement 16 November 2009 in the third quarter on of soft sales and restructuring charges; Russia and Eastern Europe drive new orders. (CW Group) Profits fell 76% to $7.5 million, down from $30.8 million in teh third quarter last year, while sales declined 23% to $148.2 million,... Type: Article Category: Financial Big projects boost Holcim Philippines profits 16 November 2009 Philippines increased earnings almost nine times through 'big ticket' projects. (CW Group) Government spending helped boost profits earned by Holcim's Philippine's unit during what is traditionally a slow period for the industry. GMA News reports ÔÇ£the... Type: Article Category: Financial Cimsa Q3 profits increase 57% 12 November 2009 Third quarter profits for Cimsa improve 57 percent when compared to the same time last year. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Cimsa, a leading cement... Type: Article Category: Financial Holcim Q3 profit beats forecasts, sees US growth 11 November 2009 Holcim reported stronger than expected profits as a result of tougher cost controls and plant closures. (CW Group) Holcim has taken an aggressive approach to cost controls and said it, in markets with weak demand, has shut down capacity in all... Type: Article Category: Financial Buzzi reports 60% fall in profits, to issue bonds 11 November 2009 Buzzi Unicem said that profits for the first nine months of 2009 declined 60% to 117.3 million euros and announced it will raise 300 to 400 million euros through a bond offering. (CW Group) Cement and ready-mix sales down 20.6% and 18.9% respectively... Type: Article Category: Financial Helwan profits at LE 456mm, Torah at LE 266mm 11 November 2009 Egypt's Helwan Cement said profit reached LE 456 million for the first nine months of 2009. Torah Cement said its profits hit LE 266 million. (CW Group) Net profits reached LE 456,364,039, compared to a net profit of LE 451,555,239 for the same period... Type: Article Category: Financial 3rd quarter challenging for cement co's 10 November 2009 Stampa. Dyckerhoff third quarter revenue results declined more than 30 percent, gross margin fell by almost 50 percent, and profits dropping from 251 million to 96 million euros. Italcementi faired slightly better, with revenues decreasing 13 percent... Type: Article Category: Financial 2009 profitability to fall for GCC manufacturers 09 November 2009 Kuwait's Global Investment House wrote that the Gulf cement sector to experience a fall in profits for 2009 as a quarter of industry projects are put on hold. (CW Group) As 25 percent of the planned projects are put on hold, Kuwait's Global Investment... 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