Mozambican cement company’s sales rise 9.8 pct in 2013

5 March 2014

Sales of cement and clinker by Cimentos de Moçambique, the Mozambican subsidiary of Cimentos de Portugal (Cimpor) rose by 9.8 percent in 2013 to 1.299 million tons, according to the group’s annual report and accounts.

Concrete sales increased by 49.8 percent to 172,000 cubic metres and the company’s turnover totalled 141.9 million euros, which was a year on year rise of 5.4 percent.

In 2013 two new cement mills came online in Dondo and in Nacala and the group noted that “a more aggressive commercial policy improved the company’s competitiveness in relation to imported cement.”

Last year Cimentos de Moçambique invested 24.5 million euros in Mozambique, mainly in installing a cement mill in Dondo, on the outskirts of the city of Beira. (macauhub)