HeidelbergCement revenue seen growing in 2Q10

HeidelbergCement revenue seen growing in 2Q10
29 July 2010


After six quarters of declines, HeidelbergCement is expected to have grown again in the second quarter of 2010.

At least in Germany, demand for cement has grown in April, May and June, according to the sector association.

The analysts polled by Bloomberg see net profit of EUR 205m, compared to EUR 333m in the past year, and revenue of EUR 3.1bn, up from EUR 3bn.

The company will unveil its results tomorrow.


Published under Cement News