HeidelbergCement increases sales and cement sales in first quarter of 2021

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Germany: HeidelbergCement’s consolidated net sales rose by 1% year-on-year to Euro3.96bn in the first quarter of 2021. Its result from current operations before depreciation and amortisation (RCOBD) rose by 33% to Euro538m from Euro405m in the same period in 2020. Group cement and clinker sales volumes rose by 2% to 28.4Mt from 27.7Mt. Cement volumes rose by 11% in Western and Southern Europe to 6.8Mt from 6.1Mt, by 5% in Asia-Pacific to 8.8Mt from 8.4Mt and by 1% in Africa-Eastern Mediterranean Basin to 5.2Mt. Volumes fell by 5% in North America and by 4% in Northern and Eastern Europe-Central Asia to 3.1Mt and 4.4Mt respectively.

Dominik von Achten said, “HeidelbergCement has made an excellent start to 2021. In all group areas, we have once again been able to significantly increase our results and margins compared with an already strong first quarter in 2020. This is a seamless continuation of our very good development in recent quarters.”

Last modified on 12 May 2021

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