India: ACC’s net sales rose by 13% year-on-year to US$1.45bn for the first nine months of 2018 from US$1.3bn in the same period in 2017. Its sales volumes of cement grew by 8% to 20.9Mt from 19.3Mt. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 6% to US$212m from US$200m and net profit after tax rose by 10% to US$107m from US$98m. The cement producer attributed its performance to growing cement sales that were able to offset rising input costs including coal, petcoke, diesel and slag.
ACC’s sales rise by 13% to US$1.45bn so far in 2018
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