Recent construction data for major developed markets

• Volumes were stronger in April in the emerging markets that we monitor, with the rate of improvement accelerating, as the comparatives in April 2020 were weak due to COVID. • This typically more than offset the impact in Muslim countries of Ramadan being 11 days earlier this year and impacting April 2021 for this…

• Comparison of 15 global cement companies Q1 Results. This note compares the performance in the first quarter of 2021 of 15 of the largest cement companies globally. These include six global companies headquartered in the developed world (Buzzi, CRH, Heidelberg, LafargeHolcim, Titan and Vicat) and three headquartered in emerging markets (Argos, Cemex and Votorantim).…

The Q1 reporting season starts on Friday (23 April) for the nine companies that we publish forecasts for. Three of them only report sales for Q1. Five report EBITDA and one reports EBIT as their main profitability measure. Q1 appears to have been a strong quarter, despite a strong comparative in Q1-2020. We have already…

Margins at region and country level

Main Highlights

Importance of energy costs. Types of fuels used. Data on fuel and electricity costs. Company guidance on 2019 energy costs

Comparative data on 4 major emissions (Carbon, nitrogen, sulphur and dust). Carbon Cap and Trade systems