Displaying items by tag: Cement Hranice

Czech Republic: According to its annual report, Cement Hranice recorded a 29% year-on-year increase in net profit to US$38.5m in 2023, up from US$29.8m in 2022. Sales rose by 5.5% to US$104.1m, despite a reduction in cement sales volumes. The company managed to increase revenues through higher product prices, necessitated by rising energy costs, according to chair of the board Roman Michalčík.

Czech Republic: Engineering company Aliacem started trial operation in February 2024 of an upgrade project to the preheater at Cement Hranice’s integrated plant. The project was reportedly completed on schedule, met quality standards and occurred without any injuries. Cement Hranice is a subsidiary of Italy-based Buzzi.

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."

Czech Republic: Cement Hranice’s sales grew in 2018 due to demand for building materials. Its sales rose by 10% year-on-year to Euro65.8m in 2018, according to the Czech News Agency. Its profit rose by 16% to Euro19.9m. As in previous years it supplied fellow subsidiaries of Buzzi Unicem in the Czech Republic and Slovakia.

Czech Republic: Cement Hranice’s cement sales rose by nearly 9% year-on-year in 2017 due to despatches to fellow subsidiaries of Buzzi Unicem in the Czech Republic and Slovakia. Its overall sales rose by 6.3% to Euro61.5m from Euro57.9m, according to the Czech News Agency. Board member Roman Michalcik said that the local construction sector had grown in 2017 due to good weather towards the end of the period and large local infrastructure projects.

Czech Republic: Czech cement producer Cement Hranice has reported a rise in sales of 14.5% year-on-year to Euro68.8m in 2011, due to higher exports. Its net profit increased by 10% to Euro20.3m following a previous drop, the company said in its annual report.

In 2010 the producer's sales dropped by 15% to Euro60.4m and its profit decreased by 26% to Euro18.5m. Cement Hranice's results improved in 2011 due to supplies to a sister company in Poland, according to the firm's chairman Jaromir Chmela. Sales of cement were also favourably influenced by good weather in 2011. The company raised the amount of sold products by 25% in 2011 as a result.

"Poland has not been affected by a crisis in the construction segment because it was preparing infrastructure for the European football championship," said Chmela.

Although Cement Hranice's sales increased in 2011, revenue fell due to a decrease in prices. Before 2011 the company sold 75% to 80% of its production on the Czech market but in 2011 its share dropped to 65%. The remaining 35% of production was exported to Poland, Hungary and Slovakia, increasing Cement Hranice's exports.

Cement Hranice's expects a drop in sales, as well as in profit, in 2012. The company's results will be influenced by the economic crisis and a continuing fall in construction output, according to Chmela. Cement Hranice, whose owner is German company Dyckerhoff AG, employed 166 people in 2011.