Company Overview of Carmeuse S.A.
Carmeuse S.A. produces and distributes lime and limestone related products for industrial and commercial customers. It extracts and processes high calcium limestone and dolomitic stone into lime and lime-related products. The company’s products are used in steel, flue gas cleaning, construction, agrifood, waste and water treatment, glass, paper and pulp, chemicals, and mining and non ferrous metal industries in Belgium and internationally. The company was founded in 1860 and is based in Louvain-la-Neuve, Belgium. It has production facilities in Europe, North America, the Middle East, Africa, Asia, and internationally. Carmeuse S.A. operates as a subsidiary of Carmeuse Holding S.A.
Carmeuse Coordination Center
Boulevard de Lauzelle 65
Founded in 1860
Key Executives for Carmeuse S.A.
Chief Executive Officer and Director
Chief Executive Officer of Carmeuse North America and President of Carmeuse North America
Chief Executive Officer of Carmeuse Europe
Group Chief Human Resources Officer
Compensation as of Fiscal Year 2014.
Carmeuse S.A. Key Developments
Carmeuse Group Announces Consolidated Earnings Results for the First Half Ended on June 2014
Sep 4 14
Carmeuse Group announced consolidated earnings results for the first half ended on June 2014. For the period, the company reported after taxes, the net result showed a net profit of EUR 11.0 million compared to a net profit of EUR 30.9 million in June 2013. The decrease of the net profit is mainly due to the significant contribution in 2013 of the marked-to-market valuation of interest rate derivatives. End of June 2014, the group consolidated net debt was EUR 554.5 million versus EUR 518.4 million at the end of 2013. The debt increase relates essentially to a mix of capital expenditures, the closing of an acquisition in Columbia and dividends payment. Net turnover of EUR 527.7 million or a 2.7% organic increase compared to last year. EBITDA of EUR 101.8 million reflecting a 10.1% organic decrease over last year, mainly explained by exceptional weather conditions in North America heavily impacting operational performance.
Carmeuse S.A. Reports Earnings Results for the First Quarter Ended March 2014
Jun 10 14
CARMEUSE S.A. reported earnings results for the first quarter ended March 2014. For the quarter, the company reported net turnover of €249.4 million or a 3.5% organic increase compared to last year. EBITDA amounts to €43.5 million reflecting a 9.2% organic decrease over last year, mainly explained by unusual weather conditions in North America heavily impacting the company's operational performance. Net result shows a net loss of €8.0 million, as compared to a net profit of €5.2 million a year ago due to higher negative impact of unrealized exchange differences linked to strong EURO partly compensated by lower interest charges and taxes. End of March 2014, the group consolidated net debt was €528.8 million against €518.4 million at the end of 2013. The debt increase is linked to a mix of capital expenditures, the closing of an acquisition in Columbia and the increase in Working Capital needs.
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