Ciments Français posts fall in operating results
Ciments Français has announced deterioration in operating results, as demand falls in the wake of a worsening economic crisis.
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Ciments Français has announced deterioration in operating results, as demand falls in the wake of a worsening economic crisis.
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In countries with rising demand – primarily in the emerging markets – Holcim continued to increase capacity in 2011.
Holcim thanks outgoing CEO Markus Akermann and welcomes new CEO Bernard Fontana.
In four of its five Group regions, Holcim once again sold more cement, aggregates and ready-mix concrete. Only the Group region Africa Middle East saw slight declines.
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FLSmidth releases its annual report for 2011 financial year, revealing a 12% profit increase.
Lafarge has announced that it is to continue slashing its debt in 2012, with plans to sell assets worth over €1 billion, following a decline in full year operating income.
MPA survey results for the fourth quarter of 2011 indicate that while overall industry markets were broadly positive during 2011, with strong growth in the fourth quarter compared with the same period of 2010, the figures mask weak markets outside London and the South East of England and a favourable weather effect in December.
Ciments Français to transfer Afyon Çimento shares to CIMSA, ending its production role in Turkey .