Titan Group

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TITK

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TITAN CEMENT COMPANY S.A.

Titan joins forces with Terna Energy on waste management

The access to the production and use of alternative green fuels is the main lure for the participation of the Titan Group in waste management.

This is also the main motivation behind the group's strategic cooperation with Terna Energy, signed three years ago, which has already begun to bear fruit.

Titan gets EU grant for big carbon capture project

Titan Group signed a grant agreement with the EU Innovation Fund for the large-scale carbon capture project IFESTOS, the company announced on Monday.

One of Greece's leading international businesses in the building and infrastructure materials industry, Titan was selected in July in the context of the fund's third call for large-scale projects. 

TITAN Group signs deal with EU Innovation Fund for IFESTOS carbon capture project

TITAN Group signed a grant agreement with the EU Innovation Fund for the large-scale carbon capture project IFESTOS, the company announced on Monday.

One of Greece's leading international business in the building and infrastructure materials industry, TITAN was selected in July in the context of the fund's third call for large-scale projects.

Titan EBITDA jumps 131% y-o-y in Q1

Titan Group reported a 29.3% increase in its first-quarter sales totaling 588.1 million euros, reflecting increased demand in most countries, mild weather conditions and better price levels.

Group EBITDA totaled €107.1 million in the January-March period, up 131% from the same period last year, while net after-tax profits soared to €44.3 million from €1.3 million in 2022.

Titan sales jump 33.1% in 2022

Titan Group reported a 33.1% jump its 2022 sales, totaling 2.282 billion euros, and said that the US and Greek markets accounted for more than 70% of group sales.

Consolidated EBITDA amounted to €331.2 million in 2022, with all markets recording double-digit growth rates.

Fourth-quarter EBITDA jumped to €96.7 million from €55.6 million in the same period in 2021.

TITAN Group adopts artificial intelligence for the factory of the future

TITAN Group, in the context of its digital transformation, announced the implementation of an artificial intelligence innovation program for the creation of the "smart cement factory of the future". Innovations include the use of standalone algorithms to optimize the entire production line in real time.