Titan Cement Shows Slight Improvement in Second-Quarter 2010, Despite Gloom in U.S., Greece

Titan Cement Shows Slight Improvement in Second-Quarter 2010, Despite Gloom in U.S., Greece

Titan Cement Shows Slight Improvement in Second-Quarter 2010, Despite Gloom in U.S., Greece

SUGAR LAND--August 27, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Cement industry leader Titan Cement Group (OTC:TITCF) (Athens, Greece) reported steady gains in the second quarter of 2010, as strong sales in the southeastern European and eastern Mediterranean regions more than offset sales declines in the United States and Greece. Net income for the quarter was reported to be 43.5 million euros (US$55.34 million), a 14.17% increase from the same period last year.

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