HeidelbergCement - November 2018

HeidelbergCement’s turnover improved by 7.4 per cent to EUR13.375m (US$15.2m), with the third quarter rise being 9.9 per cent to EUR4943m. EBITDA were off by 1.6 per cent to EUR2,227m but improved by 2.2 per cent to EUR1039m in the third quarter. The trading profit declined by 10.6 per cent to EUR1411m, but the net attributable profit was 19 per cent ahead at EUR915m. The cement volume advanced by 3.7 per cent to 97.01Mt and the aggregates volume was 1.7 per cent higher at 232.91Mt. The ready-mixed concrete volume improved by 2.2 per cent to 35.82Mm³ and the asphalt volume rose by 10.5 per cent to 7.85Mt. The number of employees was two per cent lower at the end of September at 59,589 people in spite of the employment just short of 1700 people through acquisitions.

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