HeidelbergCement 1Q12 affected by harsh winter in Europe and Turkey
HeidelbergCement's first-quarter turnover increased by 7.6% to €2799.4m but the EBITDA declined by 15.5% to €213.7m and the trading profit fell by 77% to a €13.8m. The lower margins chiefly reflect weather conditions in the quarter, but also higher costs for transport and energy.