Europe & CIS

A total of 39 deals worth US$2.73 billion were announced in Q2 2020, compared to the last four-quarter average of 65 deals.

The company has announced the completion on 31 July 2020 of its acquisition of certain assets and operations from CEMEX, as announced on 8 January 2020.

Despite the weak demand in many countries due to the coronavirus and the corresponding declines in revenue, the result from the company’s current operations remained almost at the level of the previous year.

The company has launched its official response to the plan, which outlines how it is responding to the council’s recommendations following the Covid-19 pandemic.

The company has achieved international recognition from the Concrete Sustainability Council (CSC), receiving a Gold Certificate at Glensanda.

The company has announced its interim results for the six months ended 30 June 2020 and has suggested that recovery is underway.

The company has revealed its 2020 half-year financial report, which claims an encouraging outlook is to be expected for the second half of the year.

As part of efforts by CEMEX to help local communities and those who have been greatly impacted by the Coronavirus pandemic, the company has pledged a contribution to Warwickshire-based charity, The Myton Hospices.

The company’s ‘Operation Resilience’ initiative has translated into higher margins, despite the disruption caused by the COVID-19 pandemic.

The company took delivery of five new Feldbinder triaxle cement tankers and two new Kelberg tipping trailers this year for use in Quinn Cement.

An updated report commissioned by Breedon Group has shown that its Hope cement works contributes £61 million to the local economy.

The company has decided to disclose preliminary key figures ahead of the scheduled Q2 2020 interim report. The full Q2 2020 interim report will be released as scheduled on 04 August 2020.

Reuters reports that Cement sales in Spain fell by 16.5% in the first half of this year.

EU construction output rebounded in May, with output increasing by 21.2% month-on-month following the record fall in April, when output plummeted by 14.9%.

The boards of the Construction Equipment and Plant Engineering trade association took stock of the current status of the COVID-19 crisis during their annual meeting at the beginning of July.