Global net revenue totaled R$5.8 billion, an 18% increase compared to 1Q22. Adjusted EBITDA was R$779 million, an increase of 85% over the same period last year, with a positive impact on the EBITDA margin. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.78x, slightly lower than in the first quarter of 2022;...
At the beginning of May 2023, Cemex reported a 9% growth in Sales and a 6% growth in EBITDA in the first quarter of 2023. The strong results are attributable to pricing, decelerating input cost inflation, and contributions from the company’s growth investments and the Urbanization Solutions business. EBITDA margin showed significant sequential improvement, with...
In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program
Adjusted EBITDA was R$4.9 billion, 6% lower than the previous year. EBITDA margin was 19%, five percentage points lower than in 2021. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.55x, the same as 2021 and the best level in over ten years. Net profit in the year was R$1.1 billion. The company...
▪ The dividend declared is $281.2 per share, 37 % higher than in 2021, and will be paid in cash in four quarterly installments starting in April of this year. ▪ On a consolidated basis, Argos achieved in 2021 the best results in its history taking into consideration all business’ dimensions. ▪ At the end...
Record financial performance with over-proportional Recurring EBIT growth of +25.7% LFL, EPS1 of CHF 3.98, +30% and ROIC of 8.9% Record Free Cash Flow2 at CHF 3,264m Board proposes 10% increase in dividend to CHF 2.20 Expansion of Solutions & Products with milestone acquisitions of Firestone, Malarkey and PRB Group Outlook 2022: growth momentum to...
All key figures in the 2021 business year improved – Group revenue +8%; result from current operations before depreciation and amortisation (RCOBD) +6%; result from current operations (RCO) +12% 1) Successful price increases and good fixed cost management – basis for strong Q4 results Excellent return on invested capital – ROIC increases to 9.3% Strong...
Argos achieved an annual consolidated EBITDA of 2.16 billion Colombian pesos, the highest result in its history. The company reported an 18.3%** increase in consolidated cement volumes and a 2.7%** increase in consolidated ready-mix volumes at the end of the year. The net debt to EBITDA plus dividends ratio closed at 2.87...
CemBR Forecasts reportis a must-have tool that every cement professional must own. It has global, regional, and country-by-country five year forecasts, the current edition covers 2020-2025.
Vietnam report brings clarity on future - World’s largest exporter of cement - ongoing growth