Steppe Cement revenue rises as it focuses on price over volume
9th Oct 2020 13:35
(Sharecast News) - Kazakhstan-focussed cement company Steppe Cement reported third quarter revenue of KZT 11.11bn (£20.1m) on Friday, which was 5% higher than the same quarter in 2019.
Read moreSteppe Cement earnings rise even as sales slide
16th Sep 2020 10:12
(Sharecast News) - Steppe Cement reported a 2% decline in sales in its first half on Wednesday, to 0.76m tonnes, as its consolidated turnover in Kazakhstani tenge slipped 3% to KZT 13.68m.
Read moreSteppe reports higher profit but warns on cement demand
10th Jun 2020 10:19
(Sharecast News) - Steppe reported a 7% increase in annual profit but warned demand for its cement could drop by 10% in 2020 because of the Covid-19 slowdown and reduced oil prices.
Read moreSteppe Cement third quarter revenue slips
7th Oct 2019 14:51
(Sharecast News) - Kazakhstan-focussed construction materials supplier Steppe Cement updated the market on its third quarter on Monday, reporting a 10% fall in revenue year-on-year to KZT 10.56bn (£22m).
Read moreSteppe Cement sinks as Kazakh market contracts
12th Sep 2019 13:27
(Sharecast News) - Shares in Steppe Cement dived on Thursday as the company said the Kazakh cement market had contracted by 3% in the first half of the year, though interim profit and sales both increased.
Read moreSteppe Cement sales improve as group increases market share
10th Apr 2019 10:34
(Sharecast News) - Kazakhstan-focussed construction materials producer Steppe Cement saw sales tonnage soar in the first quarter of its trading year.
Read moreSteppe Cement's revenue falls as Kazakhstan cement consumption drops
13th Jan 2017 08:46
(ShareCast News) - Steppe Cement, a construction materials producer in Kazakhstan, reported that revenue fell as cement consumption in the country contracted, although the company maintained its market share. Revenue for the year ended 31 December 2016 fell 8% to 17.94m tenge (KZT), compared to 2015
Read moreSteppe Cement struggles with exchange rate in first half
13th Sep 2016 10:45
(ShareCast News) - Steppe Cement posted its interim results for the six months to 30 June on Tuesday, with a consolidated loss after tax of $1.5m. The AIM-traded firm sold 761,771 tonnes of cement during the period, up 6% on the same time last year. Consolidated turnover dropped 1% in Kazakh tenge,
Read moreSteppe Cement struggles with muted Kazakh cement market
14th Apr 2016 13:57
(ShareCast News) - Steppe Cement struggled with a depressed Kazakh cement market in the first quarter of 2016, with both sales volumes and income down. The AIM-traded company sold 190,935 tonnes of cement for KZT 2.004m, compared to 192,884 tonnes for KZT 2.277m in the first quarter of 2015, represe
Read moreSteppe Cement's interim loss narrows but revenue plunges on strong dollar
11th Sep 2015 09:31
(ShareCast News) - Construction materials producer Steppe Cement posted a narrower pre-tax loss in the first half of the year, although revenue fell sharply because of strong currency headwinds. In the six months to 30 June, the Kazakhstan-focused group posted a $2.3m pre-tax loss compared to a $6.4
Read moreSteppe Cement names new non-exec chairman
3rd Aug 2015 11:25
(ShareCast News) - Paul Rodzianko has been appointed as independent non-executive chairman of Steppe Cement, the construction materials producer said on Monday. Rodzianko, who is currently an independent non-executive director of the company and the chairman of the audit committee, will step into hi
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreWednesday broker round-up UPDATE
24th Apr 2013 08:25
Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation. ARM Holdings: Morgan Stanley ups target price from 911p to 925p maintaining an equal-weight rating. Deutsche Bank takes target price from 445p to 460p, but still recommends selling. Citigroup
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