Cimpor sees a 12.2% rise in cement and clinker sales in 1Q14
Cement and clinker – Total cement and clinker sales improved by 12.2% y/y to reach 7.2 million t in 1Q14 and sales grew by 5.2% y/y in South America and by 18.9% y/y in Africa.
Africa and Middle East: Sales of clinker and cement improved across Cape Verde (7.1%), Egypt (21.3%), Mozambique (11.7%) and South Africa (18.4%). In Mozambique, Cimpor has inaugurated two new mills, although its operations in the country were affected by an unstable electricity supply and a rise in imports in the country. Enhanced efficiency and a new commercial strategy helped to offset increased competition in South Africa.