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CRH surpasses financial expectations in 2023 01 March 2024 as detailed by InvestingPro. Marking a decade of consistent margin expansion, CRH showcased robust financials with total revenue inching up by 7 percent to nearly USD 35 billion. Accompanying this growth, adjusted EBITDA surged by 15 percent to USD 6.2... Type: Article Category: Construction CRH reports a 7% increase in revenue 01 March 2024 percent to 10.5 percent in 2024, projecting between USD 6.55 billion and USD 6.85 billion (EUR 6.34 billion). CRH's total revenues surged by 7 percent to USD 34.9 billion, propelled by strategic acquisitions. The company's chief executive, Albert... Type: Article Category: Financial BUA Cement reports NGN460 billion profit 01 March 2024 Resilient growth amidst economic headwinds (CW Group) BUA Cement reported a 27.4 percent revenue surge to NGN460 billion for the fiscal year 2023, triumphing over a challenging economic landscape and a substantial NGN70 billion foreign exchange loss.... Type: Article Category: Financial GICA shipped 6 million tons of clinker 01 March 2024 disclosed a remarkable achievement in 2023. GICA exported a staggering 6 million tons of clinker, generating an estimated revenue of 24 billion dinars. Rabah highlighted the strategic shift in Algeria's economic policy to diversify income beyond... Type: Article Category: Markets & Competition FCC reports 87.5% profit surge in 2023 01 March 2024 growth, at 18.9 percent and 43.5 percent, respectively, significantly contributed to the 17.1 percent rise in total revenue, reaching EUR 9.0 million. The construction sector recorded revenues of EUR 2.8 million, a significant increase of 43.5 percent... Type: Article Category: Financial Hong Leong Asia exhibits remarkable financial performance 29 February 2024 Company sees boost in profit and revenue (CW Group) Hong Leong Asia, the trade and industry arm of the esteemed Hong Leong Group, has reported a substantial surge in net profit for the second half of the year, according to The Straits Times. The... Type: Article Category: Construction Suzano faces profit decline in 4Q23 29 February 2024 Revenue rises despite net profit setback (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Money Times, Suzano (SUZB3) experienced a significant 39 percent... Type: Article Category: South America Adbri’s strong growth and forward investments in 2023 29 February 2024 to members of Adbri Ltd soared to USD 111.7 million, reflecting a remarkable 43.8 percent growth compared to 2022. The 2023 revenue rose by 13.1 percent to USD 1.92 billion, up from USD 1.70 billion in 2022. Key accomplishments in 2023 include strategic... Type: Article Category: Financial Taiwan Cement achieves 48% profit growth 29 February 2024 This significant surge marks a substantial rise from the NT$5.4 billion reported in the year 2022. While the company's revenue for the past year experienced a 4.1 percent decline, dropping from NT$113.93 billion to NT$109.31 billion, the gross margin... Type: Article Category: Financial LafargeHolcim Maroc reports 2.8% revenue surge in 2023 29 February 2024 Market growth fuels annual revenue boost for cement giant (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]LafargeHolcim Maroc has experienced a noteworthy 2.8 percent... Type: Article Category: Financial Brickability Group faces profit warning 28 February 2024 Alan Simpson, CEO of Brickability, expressed optimism about the company's strategic progress and its efforts to diversify revenue streams. Simpson, who announced his retirement plans in May, remains positive about the future outlook despite short-term... Type: Article Category: Concrete & Brick Rain Industries faces Q4 setback 28 February 2024 Challenges mount as revenue drops 24.85 percent in Q4 FY23 (CW Group) [PAID={"id":"21,22,23,24,25","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Rain Industries grapples with a challenging Q4 performance,... Type: Article Category: End-user Markets SMBR aims for 24% surge in sales volume 28 February 2024 business development and routine investments to support smooth operations. As of September 2023, the company recorded a revenue of Rp 1.45 trillion, reflecting a 9.84 percent increase compared to the same period in 2022. The net profit for the current... Type: Article Category: Markets & Competition Elopak makes global expansion efforts 27 February 2024 Little Rock, Arkansas, Elopak continues to drive sustainable growth, with recent financial results showcasing a 4 percent revenue increase and 5 percent organic growth. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Global Mondi implements price increases amid order book improvement 27 February 2024 year ended December 31, Mondi reports a 35 percent drop in underlying core profit to EUR 1.20 billion, with annual group revenue falling approximately 18 percent to EUR 7.33 billion. Andrew King, Mondi's chief executive, highlights the company's... Type: Article Category: Europe & Central Asia Japanese pulp and paper market 27 February 2024 restructuring. Rengo's buoyant profits were buoyed by increased product prices, while Daio Paper celebrated a notable revenue increase and a remarkable turnaround in operating profit.{/PAID} Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Asia Saint-Gobain's acquires CSR stake 26 February 2024 property value of at least AUD1.3bn. CSR, a prominent building products company in Australia, boasts AUD 2.7bn in total revenue, operates 30 manufacturing plants, and employs approximately 2,500 individuals. This acquisition presents Saint-Gobain with a... Type: Article Category: Construction Mondi announces 2023 financial results 26 February 2024 of 16.4 percent. The company exhibited robust cash flow, generating EUR 1,312 million from operations while recording a revenue of EUR 7,330 million. Despite a decrease in earnings per share and return on capital employed compared to the previous year,... Type: Article Category: Global Nippon Paper ventures into European EV supply chain 23 February 2024 aims to commence operations at the Hungarian plant by December 2024, projecting approximately 50 million euros in sales revenue and creating around 60 jobs. This expansion underscores the company's commitment to sustainability and innovation,... Type: Article Category: Global Malayan Cement's remarkable 2Q profit surge 23 February 2024 Bhd reports an extraordinary over eightfold increase in net profit for 2Q24, reaching RM121.2 million, bolstered by robust revenue of RM1.158 billion. Controlled by YTL Cement Bhd, the company attributes this remarkable achievement to heightened volume... 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