Holcim’s Slovakian subsidiary Slavensko has forecast the construction materials market to stabilise this year after the company saw sales slide by over 30% last year. Slavenko has reported that sales of cement dropped by 36% last year, while aggregates and concrete were down 18% and 28%, respectively, on 2008 levels. The company recorded a net profit of €3.8million last year from sales of €109.57million.
Holcim’s Slovakian subsidiary Slavensko has forecast the construction materials market to stabilise this year after the company saw sales slide by over 30% last year.
Slavenko has reported that sales of cement dropped by 36% last year, while aggregates and concrete were down 18% and 28%, respectively, on 2008 levels. The company recorded a net profit of €3.8million last year from sales of €109.57million.