Lafarge scores highest profit on Romanian cement market

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Lafarge Ciment, the local division of French Lafarge cement group, had a profit margin of some 40% last year, exceeding the profit margins of its main competitors, namely Carpatcement Holding registered a profit margin of 37% while Holcim Romania estimated a drop in net profit, reads the Business Standard.
 
Net profit of Lafarge Ciment rose 59% last year, to 440.9 million (132.4 million euros), due to the spectacular development of the construction market. The company’s turnover rose to 338.7 million euros and the profit margin was some 39% of total turnover.
 
By comparison, net results make up some 25% of profit posted by Petrom, Romania’s largest company, given that Lafarge Ciment turnover is over ten times smaller, the source reads on.
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