Skip to main content

Cimpor 3Q15 results

Published by
World Cement,

Cimpor have released their integrated financial results for 3Q15.

The accumulated operating results in 3Q15 showed the impact of the contraction of the Brazilian market, which was partly offset by the virtues of geographic diversification.

Sales came to €1.9 billion, a decrease of 1.2% from 2014 and reflecting a 7.2% slowdown in the volume of cement and clinker shipped. This, combined with the effect of the unfavourable exchange rate, was virtually nullified by the 6.6% rise in the average price of cement.

The EBITDA margin was 20.5%. EBITDA was €395.7 million, shrinking by 14.2% due to the simultaneous and atypical combination of a range of economic challenges and one-off market situations in a context of rising energy costs seen in the sector. Analysis by geographical area indicates that despite the fact that the accumulated results to September were restricted by the adversity in Brazil, Egypt and Mozambique, EBITDA growth of above 50% was jointly recorded from the other geographical regions. Cimpor continues the implementation of a package of adjustment measures, in response to the current economic situation in Brazil. These measures include the optimisation of production costs and streamlining the local structure, in particular the closure of two grinding units and four concrete units.

Adapted from press release by

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):