Czech Republic: A reviving building material market has raised Lafarge's sales in the Czech Republic by 5% year-on-year to US$35.2m in 2014, according to company spokesperson Milena Hucanova.
Profits from operations soared by 53% to US$6.55m. Hucanova attributed the growth to rising sales, an extraordinary revenue from the sale of carbon credits and operating savings. About 40% of the company's output was exported in 2014.
Czech cement consumption increased by more than 4% year-on-year to 3.5Mt in 2014 and the same growth rate is foreseen for 2015, said Hucanova. Investments are estimated at US$1.09m this year.
