Suez Cement records US$75.0m loss in 2019

Written by Global Cement staff 09 March 2020

Egypt: Germany-based HeidelbergCement subsidiary Suez Cement’s losses fell by 11% year-on-year to US$75.0m in 2019 from US$84.1m in 2018. Mubasher News has reported that sales also fell, by 13% to US$41m from US$0.47bn.

Suez Cement is seeking buyers for its 51% stake in Kuwait-based Hilal Cement.

Last modified on 11 March 2020

Published in Global Cement News

Tagged under

Egypt
Germany
HeidelbergCement
Suez Cement
Results
Loss
Sales
subsidiary
Sale
Kuwait
Hilal
GCW446

Related items

Flying Cement posts financial results for financial year ending June 2025
Cemex completes sale of Panama operations to Grupo Estrella for US$200m
Rohrdorfer inaugurates pilot plant for tempered clays
Pakistani cement despatches rise 16% in first quarter of the 2026 financial year
Cimerwa’s US$190m clinker plant to reduce reliance on imports

Power, precision and performance! All in one machine. SR-MAX2500 Primary Shredder for MSW - Fornnax

AirScrape - the new sealing standard for transfer points in conveying systems - ScrapeTec

UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now

Acquisition Asia carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Export Germany Government grinding plant Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US

«	October 2025					»
Mon	Tue	Wed	Thu	Fri	Sat	Sun
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31