Cement results 1Q12 Dangote Cement has released its financial results for 1Q12. The results reveal an 8.9% y/y increase in profit before tax, rising from N27.4 billion in 2011 to N31.6 billion in 2012. Operating profits grew 13.7% y/y to ...
Tags: market view, cement
Mets Wood has recorded €4m in operating profits in the first quarter and believes profitability will strengthen in the second quarter. Metsa, formerly known as Finnforest, said the building trade was expected to recover due to the ...
Tags: market view, wood
With demand from downstream customers remaining lukewarm in the face of an uncertain global economic outlook, China Steel Corp (CSC) decided to keep domestic contract steel prices for June unchanged. The nation's largest and only integrated ...
Tags: Industry Trends, steel
Conditions in the building products business are likely to remain challenging in southern Europe and the UK, Saint-Gobain says in its annual results. The global building distribution and construction product manufacturing business reported ...
Tags: market view, building products
Philips' acquisition of Indal WRTL is complete, revenues have fallen for LED producers in Taiwan, High Tech Lights has moved, Dialight has doubled its LED-lighting revenues, Albermarle has formed a new metal-organics business unit, and ...
Tags: Market View
Japan’s machinery orders fell more than forecast in September, indicating that companies may hold off on outlays on concern a global slowdown and a strong yen will hurt business. Bookings, an indicator of future capital spending, fell ...
Tags: market view, Machine