HeidelbergCement - February 2014

Preliminary figures from HeidelbergCement show turnover easing by 0.6 per cent to EUR13,936m, though on an underlying basis there was a 3.4 per cent increase. The EBITDA eased by 2.1 per cent to EUR2424m but improved by two per cent on a comparative basis and the trading profit edged ahead by 0.2 per cent to EUR1607m. The number of employees rose by 1.1 per cent to 52,560, as a reduction of around people 750 in North America and Europe was more than offset by the increased sphere of consolidation and additional staff being taken on in Asia, notably in Indonesia.

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