Displaying items by tag: Darryll Castle

In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, PPC wishes to announce that the Company and the CEO have agreed to part ways.

Published in Company News
Thursday, 17 November 2016 18:29

PPC interim net profit slides 83% to R58m

PPC reports that its half-year net profit fell by more than two-thirds as a result of higher finance costs and weaker currencies in African countries where it has operations.

Published in Construction Industry

ELB Engineering Services Africa wins a contract to upgrade the loading plant at PPC’s Colleen Bawn clinker-making facility between Bulawayo and Beitbridge in Zimbabwe.

Saturday, 06 August 2016 14:31

PPC's Zimbabwe cement plant on track, says CEO

Construction of PPC's cement plant in Zimbabwe remains on track for completion in 2016, the company's CEO says.

Published in Construction Industry
Friday, 15 July 2016 18:35

PPC stuck in a block of debt

Cement producer PPC has had a spectacular fall from grace over the past few years, but the more immediate question is whether the company offers investment opportunities at its current bombed-out levels.

Published in Construction Industry
Thursday, 30 June 2016 07:28

PPC makes bridging deal with banks

PPC says it has entered into a standby underwriting agreement over its proposed rights offer of R4bn with a syndicate of banks.

Published in Construction Industry

PPC’s share price plunges as much as 16% to a low of R11.50 after advising shareholders it intends to raise up to R4bn.

Published in Construction Industry
Tuesday, 24 May 2016 22:12

PPC crashes 22% amid capital raise jitters

PPC shares crash as much as 22% to their lowest level in more than 10 years‚ dealing a blow to the cement maker’s plans to shore up its balance sheet.

Published in Construction Industry

PPC reports pleasing expansion progress for the quarter October 2015 to December 2015, despite declining cement sales volumes.

Friday, 27 November 2015 11:35

Increased competition eats into PPC’s earnings

PPC says full-year cement sales volumes in SA dwindle due to increased competitor activity‚ particularly in the Gauteng and inland regions.

Published in Construction Industry
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