Those are some parts of the annual Ciments Francais Results>
''Net profit from continuing operations decreased by 14.2% at 237 million euros with the share attributable to equity holders of the parent amounting to 181 million euros (-20.1%), while the share attributable to minorities (essentially Egypt and Morocco) grew by 12.5% at 56 million euros''.
''In the cement & clinker sector, as in the first quarter, the decrease in sales volumes mainly related to the markets of the mature countries (Spain, Greece and North America in particular). Emerging countries business activity was characterized by rising sales on all domestic markets (mostly India, Morocco and Bulgaria), with the exception of Kazakhstan, where further to the suspension of operating permits by local authorities in December 2007, operations resumed only in April''.
''In the aggregates sector, on a comparable scope, sales volumes dropped, due to the significant slackening in activity in Spain, despite a stable French market and an uptrend in the other countries, namely Belgium, Greece and Morocco.As for ready-mixed concrete, on a comparable scope, the decrease reported in Western Europe (due to sharp declines in Spain and Greece) resulted in a drop in Group total sales, despite the growth in Egypt and Morocco.''
''Net profit from continuing operations decreased by 14.2% at 237 million euros with the share attributable to equity holders of the parent amounting to 181 million euros (-20.1%), while the share attributable to minorities (essentially Morocco) grew by 12.5% at 56 million euros.''
Copyright HuginThe appendixes relating to the press release are available on: http://www.hugingroup.com/documents_ir/PJ/CO/2008/141185_88_F3AM_RESULTATST22008FINALGB.pdf
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