{"id":647481,"date":"2017-05-11T03:59:03","date_gmt":"2017-05-11T03:59:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/"},"modified":"2017-05-11T03:59:03","modified_gmt":"2017-05-11T03:59:03","slug":"heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/","title":{"rendered":"HeidelbergCement sales in Egypt drop sharply in 1Q2017"},"content":{"rendered":"

HeidelbergCement says its 1Q2017 sales <\/strong>dropped<\/strong><\/a> sharply in Egypt due to <\/strong>weak market conditions. <\/strong>While it did not give a specific figure for sales in Egypt, the company says its consolidated revenues increased by 34% y-o-y to EUR 3.8 bn. The company\u2019s losses increased to EUR 35 mn from the EUR 31 mn recorded in 1Q2016.<\/p>\n","protected":false},"excerpt":{"rendered":"

HeidelbergCement says its 1Q2017 sales dropped sharply in Egypt due to weak market conditions. While it did not give a specific figure for sales in Egypt, the company says its consolidated revenues increased by 34% y-o-y to EUR 3.8 bn. The company\u2019s losses increased to EUR 35 mn from the EUR 31 mn recorded in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647481","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4783acd1-4169-4c50-83e6-189d1d8c9fcd","order":"0","is_powered_by":true,"section_story_id":"5efb9406-9570-43d3-a78f-2c981fce6646","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647464],"teaser":"","voice_url":""},"yoast_head":"\nHeidelbergCement sales in Egypt drop sharply in 1Q2017 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HeidelbergCement sales in Egypt drop sharply in 1Q2017\" \/>\n<meta property=\"og:description\" content=\"HeidelbergCement says its 1Q2017 sales dropped sharply in Egypt due to weak market conditions. While it did not give a specific figure for sales in Egypt, the company says its consolidated revenues increased by 34% y-o-y to EUR 3.8 bn. The company\u2019s losses increased to EUR 35 mn from the EUR 31 mn recorded in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-11T03:59:03+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"HeidelbergCement sales in Egypt drop sharply in 1Q2017\",\"datePublished\":\"2017-05-11T03:59:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\",\"name\":\"HeidelbergCement sales in Egypt drop sharply in 1Q2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-11T03:59:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HeidelbergCement sales in Egypt drop sharply in 1Q2017\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HeidelbergCement sales in Egypt drop sharply in 1Q2017 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/heidelbergcement-sales-in-egypt-drop-sharply-in-1q2017\/","og_locale":"en_US","og_type":"article","og_title":"HeidelbergCement sales in Egypt drop sharply in 1Q2017","og_description":"HeidelbergCement says its 1Q2017 sales dropped sharply in Egypt due to weak market conditions. 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HeidelbergCement is lodging a mandatory tender offer for 33% of its Egypt subsidiary, Suez\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575046,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/suez-cement-submits-mto-for-100-of-subsidiary-tourah-cement\/","url_meta":{"origin":647481,"position":1},"title":"Suez Cement submits MTO for 100% of subsidiary Tourah Cement","author":"enterpriseam admin","date":"30 September 2020","format":false,"excerpt":"M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement\u2019s German parent company HeidelbergCement has submitted a mandatory tender offer to the Financial Regulatory Authority (FRA) for the remaining 33% stake it doesn\u2019t already own in the company, according to a regulatory filing. The MTO is for\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647545,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/titan-cement-reduces-losses-increases-sales-in-egypt\/","url_meta":{"origin":647481,"position":2},"title":"Titan Cement reduces losses, increases sales in Egypt","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"Titan Cement reported a net loss of EUR 3.9 mn in 1Q2017, a decrease from the EUR 18.6 mn loss recorded a year earlier, according to Global Cement. \u201cIn Egypt, the group\u2019s plants have been in full operation utilising locally-ground solid fuels, which allowed for an increase in production and\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573217,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/ebrds-investments-in-egypt-nearly-triple-y-o-y-in-1h2020-to-eur-459-mn\/","url_meta":{"origin":647481,"position":3},"title":"EBRD\u2019s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"EBRD\u2019s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn: The European Bank for Reconstruction and Development (EBRD) has invested EUR 459 mn in Egypt during the first six months of 2020 \u2014 nearly triple the EUR 166 mn it doled out during the same period last\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649243,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pharma-companies-sales-reach-egp-11-5-bn-in-1q2017\/","url_meta":{"origin":647481,"position":4},"title":"Pharma companies\u2019 sales reach EGP 11.5 bn in 1Q2017","author":"enterpriseam admin","date":"26 April 2017","format":false,"excerpt":"Pharma companies\u2019 local sales increased 30% y-o-y in 1Q2017 to reach EGP 11.5 bn, Al Borsa reports, citing a report from American healthcare information company IMS Health. According to the report, Novartis\u2019 achieved the highest sales of the quarter at EGP 980 mn, marking a 32% y-o-y increase.","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647635,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/unemployment-rate-drops-to-12-0-in-1q2017\/","url_meta":{"origin":647481,"position":5},"title":"Unemployment rate drops to 12.0% in 1Q2017","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"Unemployment in Egypt has dropped to 12.0% in 1Q2017 from 12.4% a quarter earlier, according to CAPMAS. The labor force increased by 0.3% q-o-q in 1Q2017 to 29.15 mn and the number of those who are unemployed dropped by 2.5% to 3.50 mn in the same quarter. 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