Profitable business with cement

9th November 2005, 15:31, BBC
Holcim has improved significantly during the first three quarters of revenue and profit

The cement group Holcim increased its profit in the first nine months rose by over 70 percent. For the year, the Group is confident and is a good prospect of fiscal 2005. They benefit from good economic conditions in key growth markets, said the world's second largest cement company.
(Ap) The consolidated profit of Holcim increased in the first nine months of 2005 rose by 70.5% compared to 1.175 billion francs. The cement so that the company has exceeded analysts' expectations and made more profit after three quarters, as for the whole of last year.

Revenues grew by 34.0% in local currencies and by 35.3% to 13.425 billion francs. Operating EBITDA increased by 25.4% to 3.501 billion francs. Have contributed to this substantial increase despite higher energy and transportation costs and tougher price pressure, four out of five Group regions, it is said in the statement of Holcim.

High growth rate in North America
These include the Group regions North America (62.4%), Africa, Middle East (up 34.3%), Europe (up 28.1%) and Asia Pacific (+12.9%), while Ebitda in the company Latin America remained stable.

Back losses in the first half of

ArcelorMittal Rodange & Schifflange could increase sales still strong
Steel exports increased from 407 300 tonnes to 426 400 tons
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Photo: Serge Waldbillig
The plant in Lingen ship.

(Rw) - The Luxembourg steel company ArcelorMittal Rodange & Schifflange (AMRS) writes in the first half of the year the red, but the turnover is rising sharply.

In the first six months drove the company a loss of 15.3 million euros, 27 percent more than the previous year (twelve million €). 2010, the Group reported an overall loss of 37.5 million €.

Sales in the first six months but strong again. End of June the company took a € 247.5 million in the first half of 2010, there were only 190.5 million. This represents an increase of 30 percent. The steel exports also increased from 407 300 tonnes to 426 400 tons. But also the raw materials became more expensive.
Demand for construction steel has fallen

The loss before interest, taxes, depreciation and amortization (EBITDA) is in the second half of a total of 5.3 million euros, 86 percent more than last year, when it amounted to € 2.8 million. The company sees but already the first positive results of the strategic plan, adopted in the first quarter.

Quartz-mining behind the mountain

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George Mueller next to the pile, composed of quartz. The raw material must be initiated from the host rock.

There had been fierce resistance in the community Tiefenbach, when it became known that the Passau reduce transport and dredging companies in Ritzing miller quartz want. The mining authorities southern Bavaria, the ultimate authority, approved the venture yet. His argument: The extraction of the mineral resources is in the public interest. Meanwhile, the reduction has been running for over a year - and the emotions seem to have subsided.

"It is understandable that people have been afraid," said George Mueller and his wife Heidi. The two are facing the hall next to the plant entrance and look up at a stately mound. The Millers have the mountain "artificially" built up. "For noise abatement reasons," she said, "we would not have to, but we want the residents are happy."