Germany: HeidelbergCement has warned that its result from current operations before depreciation will be lower than expected so far in 2018 due to poor weather in the US and rising energy costs. It maintained that its sales volumes and revenue for the first nine months of 2018 would be ‘within expectations.’ The building materials company also reassured investors that its group share of profit for 2018 would also be as expected. It will release its results for the third quarter of 2018 on 8 November 2018.
HeidelbergCement warns of slower earnings so far in 2018
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/8211-heidelbergcement-warns-of-slower-earnings-so-far-in-2018
© 2024 Pro Global Media Ltd. All rights reserved.