Acc Ltd has announced the following Outlook:

“The Economy is experiencing slightly lower growth than last year due to fluid global economic conditions. The housing, construction and Infrastructure sector continue to record good growth which will help Cement Industry.

Overall, the cement industry recorded a growth rate of about 8.6% during the current three months ended March-08 as compared to the corresponding previous period.

While the outlook for demand and supply is positive, the industry faces challenges of meeting steep cost escalations which exerts pressure on margins.”