• GCC Q1 2020 Conference Call Transcript investor cloud

    Starting with the U.S. on slide 6, we delivered strong double-digit volume growth in both the cement and concrete segments. Cement volumes increased 12.5% year on year, driven by the strong performance in West Texas and solid demand from concrete producers. Concrete volumes were 21.2% higher year on year as a result of improved

  • Cement demand to decline 45-50% in Q1 FY21 due to Covid-19

    Apr 09, 2020· NEW DELHI: Demand in the cement industry is likely to decline 45-50% year-on-year in first quarter of the financial year 2020-21, while the second quarter could witness a low single digit growth, according to India Ratings and Research In-Ra expects growth in the cement industry to plunge to a historical low of negative 4-5% year-on-year. With successive demand declines in FY20 and

  • Third quarter update 2019 for the major cement producers

    Nov 13, 2019· Source: Company reports. Graph 2: Cement sales volumes by major cement producers, Q1 3 2019. Source: Company reports. LafargeHolcim is looking good, with rises in both its net sales and earnings on a like-for-like basis. The sale of its assets in South-East Asia earlier in the year and in 2018 may have appeared to reduce its figures, but the

  • Cement GCC

    • Chinese consumption of cement had a growth of 9.5% between 2005-2008, which is more than double than the growth experienced by the rest of the world (4.7%) in the same period • Globally fastest cement consumption growth was in Asia, especially in China and India, followed by Eastern Europe, the Middle East and Africa-10.0%-15.0% 1.0% 13.0

  • C O R P O R A T E P A R T I C I P A N T S investor cloud

    on cement and ready-mix demand in our Mexican markets, since some investment plans are on hold pending the outcome of the trade negotiations and the Mexican elections. GCC’s outlook is for low single-digit growth in U.S. cement and ready-mix volumes, which is in line with the Portland Cement Association’s forecast for our markets.

  • Cement firms’ profit to look up despite weak demand in Q1

    Jun 27, 2019· The cement companies increased the ps in ICRA expects the demand to pick up from the December quarter and the growth is likely to be driven by housing

  • GCC cement sector profits up 27% to $ 971.5 m in H1 Arab

    RIYADH: Profits of the cement sector in the Gulf Cooperation Council (GCC) countries increased by 27.1 percent on a year-on-year basis during the first half of the current year, from $ 764 million

  • Cement industry in the GCC a mixed performance

    The Gulf Cooperation Council (GCC) cement industry witnessed a mixed performance following the credit crisis wave that halted major real estate activity and construction projects affecting cement and building materials companies, according to the latest Global investment House Report. Although GCC cement companies recorded 13.1 per cent decline in top line but witnessed quite an increase in

  • GCC cement sector profits increase report

    The Kingdom's cement ps increased 11.3 per cent YoY during the quarter compared to the previous year. The UAE, Oman and Kuwait witnessed declining ps because companies slashed ps to win contracts, according to the report. All cement ps in the GCC witnessed a decrease except the Kingdom and Qatar.

  • Cement Manufacturing: Opportunities and Challenges

    India is the 2 nd largest cement producer in the world with a production capacity of 502 million tonnes per annum in 2018 & is expected to touch 550 million tonnes by 2020. However the per capacity consumption of cement in India is 195kg which is far less than the world average of 500kg & 1000kg of China.

  • Moderate growth in Saudi cement sector amid COVID-19

    Jun 24, 2020· Quarter-on-quarter (QoQ), cement volumes declined by almost 50% when compared to the first two months of Q1 and Q2 of the year. This comes in line with the research company’s earlier estimates. According to the report, companies like Qassim Cement Company (QCC) and Yanbu Cement Company reported the highest year-on-year (YoY) growth of 21% and

  • Cement demand to decline 45-50% in Q1 FY21 due to Covid-19

    Apr 09, 2020· NEW DELHI: Demand in the cement industry is likely to decline 45-50% year-on-year in first quarter of the financial year 2020-21, while the second quarter could witness a low single digit growth, according to India Ratings and Research In-Ra expects growth in the cement industry to plunge to a historical low of negative 4-5% year-on-year. With successive demand declines in FY20 and

  • Despite COVID-19, GCC businesses have opportunities for growth

    Apr 19, 2020· GCC countries, like other economies in the world, have been hit by the spread of the coronavirus, but the pandemic has also provided exciting growth opportunities for some sectors, a report revealed. More than 20,000 coronavirus cases have been reported in the GCC so far, as governments urge the public to stay indoors or observe social distancing.

  • profit & revenue: India Inc top guns could see big dip in

    Apr 14, 2020· Mumbai: India’s top listed companies may post a sharp fall in revenue and profit for the fourth quarter of FY20 due to largescale shutdown of factories, offs and public places in the second half of March. Revenue for Nifty50 firms, which include some of India Inc’s biggest companies, may fall 8% while net profit is expected to slide 21.4%. An analysis by the ET Intelligence Group shows

  • Dalmia Cement sees uptick in sales, thanks to govt’s

    Oct 12, 2019· “The cement market has been either flattish or even seen a small negative growth in Q1 and Q2. But looking at the way things are moving now, though I would not expect a high double-digit growth

  • Aramex’s Q1 hit by currency volatility but UAE e-com sees

    Aramex’s financial results for the first quarter ended 31 March 2019 saw revenue growth of 4% to AED 1.234-billion, supported by double-digit growth in the UAE and Saudi Arabian e-commerce sectors, but weighed down by currency fluctuations, mainly in the Libyan

  • Lenovo Accelerates Turnaround with Back-to-Back, Double

    For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Group revenue reached US$11.91 billion, up 19% year-on-year. The company also reported strong pre-tax income during the quarter of US$113 million, an improvement of US$182 million year-on-year, as profitability improved across all businesses.

  • Dubai Tourism reports uptick in visitor numbers in Q1

    May 06, 2019· Dubai increased visitor numbers by two percent in the first quarter of this year, following a series of successful marketing campaigns and initiatives. The 4.75 million international overnight visitors in the first three months of 2019 marks a pick up from a stable 2018 performance at saw an increase of 0.8 per cent year-on-year.