Suez Cement Group of Companies (SCGC)

News

SCGC El-Minya Plant sponsors Egypt’s Men of Letter Conference
SCGC Records Almost 10% Jump in EBITDA for the Nine Months of 2016
SCGC Reports 6% Sales Increase for first half of 2016
19 December 2016

SCGC El-Minya Plant sponsors Egypt’s Men of Letter Conference

SCGC El-Minya Plant sponsors Egypt’s Men of Letter Conference.
In continuation of its interest in supporting culture and arts, SCGC has sponsored the 31st round of Egypt’s Men of Letter Conference in 22-25 December 2016, which comes within the context of tourism support and promotion and ensuring Egypt’s security and stability.
20 October 2016

SCGC Records Almost 10% Jump in EBITDA for the Nine Months of 2016

Today Suez Cement Group of Companies' (SCGC's) Board of Directors approved the consolidated financial report for the third quarter of 2016 (July-September). The Board also appointed Mr. José Maria Magrina, as new SCGC CEO. Prior to this appointment, Mr. Magrina headed Egypt’s Arabian Cement Company. He also served as CEO of Andalus Concrete ReadyMix.
20 July 2016

SCGC Reports 6% Sales Increase for first half of 2016

Today the Board of Directors for Suez Cement Group of Companies (SCGC) approved the consolidated financial report for the first half of the year (2016). Growth in Egypt’s cement market slowed in Q2 of 2016, due to lower demand during the holy month of Ramadan and June. However, the slump in sales was ultimately offset by burgeoning demand from the construction sector throughout Q1.

i.nova Products.

Highlights

Revenues

5,642 M EGP

Revenues

6,152 M EGP

EBITDA424 M EGP
EBITDA1,154 M EGP
Operating income-84 M EGP
Operating income743 M EGP
Employees3,242
As at 31.12.2015
As at 31.12.2014

The figures are consolidated (not stand alone)

Call Center Hotline

Tel: 
19083

Investor Relations.

Suez Cement's overall objective is to continue to invest and develop its activities in the country by respecting its Egyptian identity and increasing its efficiency through converting the Company from a cement supplier to a service supplier for the building and construction industry.

Our Environment Policy.

Suez Cement believes in being environmentally conscious and protecting its surroundings. The Company has continuously invested towards a cleaner Egypt with a long-time commitment towards being environmentally responsible.  

Suez Cement - 6. Matjaz Kacicnik

Safe work Healthy life. Due to this fact our aim is to reduce the number of occupational accidents by developing a substantive corporate safety culture and raising the employee awareness and concern for safety conduct.