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Holcim New Zealand has surplus in tough year

Apr, 17 2012


(New Zealand)  --  Holcim New Zealand has announced that it has managed an after-tax surplus of $8.27 million after withstanding tough conditions last year.

The company said that the construction sector remained suppressed last year.

The company’s total revenue for the year to December 31 fell 1.55 per cent to $260.87m from $264.98m the year before. Cement sales also fell, while sales of concrete by volume were steady. Sales of aggregates fell, by volume.

The company has about 500 employees across its 40 sites and subsidiaries and associates in New Zealand.

Holcim's formed partnerships in a number of projects that included pouring and placing concrete for the 23,000 sq m floor slab in stage three of the Fisher & Paykel Healthcare plant in Auckland. Another project was the Auckland District Health Board's six-level car park.

By: Rashmi Kalia (ARI-C NEWS)

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