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News Cement Hranice increases sales and profit

Cement Hranice increases sales and profit

Written by Global Cement staff 26 April 2022
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Czech Republic: Cement Hranice’s sales rose by 13% year-on-year to US$89m in 2021. Its cement sales rose most sharply in its domestic Czech market, especially in the second half of 2021. As a result, the company increased its net profit for the year by 4% year-on-year to US$25.6m.

Czech News Agency Business News has reported that the company said "The past year was marked by increased demand for cement. Especially at the end of the year, we were forced to reduce our clinker and cement stocks to the lowest possible level, but we still had to slightly reduce deliveries to our customers."

Last modified on 27 April 2022
Published in Global Cement News
Tagged under
  • Czech Republic
  • Cement Hranice
  • Dyckerhoff
  • Buzzi
  • Results
  • stockpiles
  • market
  • demand
  • growth
  • deliveries
  • GCW554
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