Votorantim Cimentos reported that it ended the third quarter of 2023 with a net profit of R$ 824 million ($169.4 million), an increase of 36% compared to the income obtained in the prior-year period.
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GCC, a supplier and producer of cement and concrete in the United States and Mexico, reported consolidated net sales increased 17.9% year-on-year to $416.1 million in the third quarter of 2023.
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Votorantim Cimentos ended the second quarter of 2023 with R$470 million net profit, a 28% increase compared to R$366 million in the same period last year. The company’s global net revenue in the quarter was R$6.9 billion, an increase of 3% compared to the prior-year period, primarily due to the volume added by the recently acquired Malaga plant in Spain.
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Argos announced positive financial results for the first half of 2023 despite climate challenges in the United States.
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Martin Marietta Materials reported results for the second quarter ended June 30, including quarterly records for revenues, profitability and unit margins. The company achieved gross profit of $1.821 billion versus $1.642 billion in the second quarter of 2022.
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GCC, a leading supplier and producer of cement and concrete in the United States and Mexico, announced consolidated net sales increased 13.7% year-on-year to $364.1 million in the second quarter of 2023.
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Votorantim Cimentos ended the first quarter of 2023 with a net profit of R$78 million, reversing the R$317 million loss in the prior-year period. The company’s global net revenue in 1Q23 totaled R$5.8 billion, an increase of 18% compared to the same period in 2022.
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FLSmidth released financial results for full-year 2022 and the fourth quarter of 2022, highlighting the continued positive trend its Cement business had on improving profitability with a 3.3% EBITA margin during the year.
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GCC, S.A.B. de C.V., a supplier and producer of cement and concrete in the United States and Mexico, announced its results for the fourth quarter and full year of 2022.
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Votorantim Cimentos ended the third quarter of 2022 with consolidated net revenue of R$7.6 billion, an increase of 19% compared to the same period last year.
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