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.