HeidelbergCement - March 2015

HeidelbergCement's turnover increased by four per cent last year to EUR12,614m, or by 8.4 per cent on a comparative basis, and EBITDA improved by a 2.9 per cent to EUR2288m. Trading profit advanced by five per cent to EUR1595m, or by 12.9 per cent adjusting for currency movements and changes in the scope of consolidation. After a 17.1 per cent increase in net interest payments to EUR629m, the pretax profit declined by 8.9 per cent to EUR931m and the net attributable profit fell by 34 per cent to EUR486m after a EUR179m loss from discontinued activities and a 2.5 per cent higher minorities charge of EUR202m, though the tax charge was 69.3 per cent lower at EUR65m.

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