Titan Materials Group produces cement and ready-mix concrete, with an integrated supply chain from quarry to construction materials. Its operations include cement manufacturing, clinker grinding, and the production and distribution of ready-mix concrete through a global network of plants, terminals, and subsidiaries. Unlike some competitors, Titan grows by acquiring and integrating cement assets and expanding its geographic footprint, building a multinational production footprint that includes Greece, Europe, and the United States. Its strategic goal is to supply reliable construction materials at scale, grow its production capacity and reach through acquisitions and listings, and strengthen its position as a global cement and concrete provider.
Company Size
51-200
Company Stage
IPO
Headquarters
Athens, Greece
Founded
1902
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13.10.2026 - Regulatory News: Titan SA (the Company) (Euronext Brussels, Paris and Euronext Athens, TITC) announces a strategic minority investment in Command Alkon, a leading technology platform serving the building materials industry, and specializing in ... Seite 1
Titan SA announced that its Annual General Meeting on 8 May 2026 approved all agenda items, including a gross dividend of €1.10 per share. The ex-dividend date is 1 July 2026, with payment on 7 July 2026. The meeting also approved the renewal and appointment of 12 board members for a one-year term, including Dimitri Papalexopoulos as non-executive director, Marcel Cobuz, Michael Colakides, Leonidas Kanellopoulos and Alexandra Papalexopoulou as executive directors, and seven independent directors. Titan Group is a Belgium-registered building materials company employing over 6,000 people across four continents, with operations in the United States, Europe and the Eastern Mediterranean. The company is listed on Euronext Brussels, Paris and Athens.
Titan SA reported record earnings for 2025, with EBITDA reaching €606 million and group sales of €2.67 billion, representing 6.4% like-for-like growth. The company's EBITDA margin expanded by 60 basis points to 22.7%, whilst return on capital employed hit a record 18.2%. Operating free cash flow increased to over €500 million from €414 million in 2024. The company proposed a dividend of €1.1 per share, up 10%, and reduced net debt to €214 million with a leverage ratio of 0.4x. US operations delivered record results across revenue, earnings and cash flow, whilst Greek sales grew 13%. Egyptian earnings quadrupled, driven by exports. The company achieved a 12% reduction in CO2 emissions versus 2020 levels. However, Southeast Europe faced pressure from Turkish imports and cost headwinds.
Suma Capital has invested €1 million in OPTIMITIVE to complete its €5 million Series A round, in which Cemex Ventures and TITAN Cement Group also participated as strategic co-investors.
Suma Capital has invested €1 million in Optimitive, a Vitoria-based technology company specialising in industrial process optimisation through artificial intelligence. The investment completes a €5 million Series A round, which also included participation from Cemex Ventures and Titan Cement Group. Optimitive's Optibat platform applies AI algorithms and machine learning to optimise manufacturing processes in energy-intensive sectors including cement, chemicals, paper and metallurgy, aiming to reduce energy consumption and improve operational performance. The Basque firm employs 40 staff and operates in plants across Europe, the United States, Mexico, India and Egypt. The funding will support workforce expansion, international growth, platform enhancement and client base consolidation.