HeidelbergCement - February 2016
The preliminary figures from HeidelbergCement show a 6.7 per cent improvement in turnover for last year to EUR13,465m but eased by 0.2 per cent on a comparative basis. EBITDA advanced by 14.2 per cent to EUR2613m and the trading profit was ahead by 15.7 per cent to EUR1846m, or by 9.9 per cent adjusting for currency movements and changes in the scope of consolidation. The proposed take-over of Italcementi is progressing and several government approvals have already been received, but some disposals are likely to be required, notably in Belgium.
