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News Ambuja Cement’s sales rise in first quarter of 2019

Ambuja Cement’s sales rise in first quarter of 2019

Written by Global Cement staff 01 May 2019
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India: Ambuja Cement’s net sales grew by 3% year-on-year to US$410m in the first three months of 2019 from US$398m in the same period in 2018. Its cement sales volumes rose by 2% to 6.37Mt from 6.22Mt. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 9% to US$66.7m from its net profit after tax increased by 57% to US$61.4m. The cement producer said that its focus on alternative fuels had partly mitigated a ‘significant’ rise in power and fuels costs.

Last modified on 01 May 2019
Published in Global Cement News
Tagged under
  • India
  • Ambuja
  • Results
  • LafargeHolcim
  • GCW402
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