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Titan Cement International N.V. ( (TTCIF) ) has issued an announcement.
Titan Cement International N.V. reported record profitability for 2024, driven by robust performances in the United States and Europe. The company’s revenue increased by 3.8% to 2,644 million euros, with significant growth in EBITDA and net profit. The company also achieved operational efficiency gains and reduced solid fuel costs. Strategic moves included the IPO of Titan America on the NYSE, raising 393 million US dollars, and the sale of its stake in Adocim in Türkiye. Titan’s commitment to sustainability and digital transformation was recognized, with accolades from the CDP, Financial Times, and TIME Magazine. The company is on track with its Strategy 2026, focusing on growth, innovation, and decarbonization.
More about Titan Cement International N.V.
Titan Cement International N.V. operates in the construction materials industry, primarily focusing on the production and distribution of cement and related products. The company has a strong market presence in the United States and Europe, which account for the majority of its revenue.
YTD Price Performance: 10.16%
Average Trading Volume: 734
Technical Sentiment Signal: Sell
Current Market Cap: $3.48B
For an in-depth examination of TTCIF stock, go to TipRanks’ Stock Analysis page.