The German unit of Holcim said it expects revenue to shrink in both 2010 and 2011 in line with the 5% decline expected for the whole industry.
Holcim Germany’s revenue fell to EUR 364.4m last year from EUR 366m in 2008.
The gross margin went down to 34.4% from 39.2%.
Abstracted from an original article in Boersen-Zeitung Published under Cement News