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News Lafarge Cement reports best year ever in Czech Republic

Lafarge Cement reports best year ever in Czech Republic

Written by Global Cement staff 22 June 2021
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Czech Republic: Lafarge Cement reported its best income result ever in 2020. The subsidiary of Switerland-based LafargeHolcim saw its sales rise by around 9% year-on-year to Euro66.7m in 2020 and its pre-tax profit grew by 60% to Euro21.7m, according to the Czech News Agency. The company reported that its operational and staff costs grew due to the coronavirus pandemic but that it made sufficient savings to offset this. Electricity and carbon credit costs grew particular. The building materials producer exported around one third of its output to the German market in 2020.

Last modified on 22 June 2021
Published in Global Cement News
Tagged under
  • Czech Republic
  • Lafarge Czech Republic
  • LafargeHolcim
  • Results
  • coronavirus
  • Germany
  • Export
  • GCW511

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