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News HeidelbergCement indicates stronger fourth quarter

HeidelbergCement indicates stronger fourth quarter

Written by Global Cement staff 18 February 2020
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Germany: HeidelbergCement has reported that its result from current operations (RCO) for the fourth quarter of 2019 grew by 3% year-on-year to Euro603m, from Euro584m in the fourth quarter of 2018. Its result from current operations before depreciation and amortisation (RCOBD) grew by 13% to Euro968m from Euro858m, while its revenue declined by 3% year-on-year from Euro4.70bn to Euro4.58bn.

HeidelbergCement reported that its cement sales were 31.4Mt for the quarter, 2% lower than the 32.0Mt sold in the fourth quarter of 2018. It will release its consolidated financial results on 19 March 2020.

Last modified on 19 February 2020
Published in Global Cement News
Tagged under
  • Germany
  • HeidelbergCement
  • Results
  • Sales
  • GCW443

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