Cement News tagged under: CIC-Market Solutions
CIC-Market Solutions revises up Heidelberg Materials09 November 2022, Published under Cement NewsCIC-Market Solutions has softened its negative scenario post 2022 for Heidelberg Materials . It has raised its 2023 EBITDA projection to EUR3537m (down EUR128m versus 2022E), versus a previous estimate of EUR3439m. This is despite the prospect of falling demand in 2023 in the main European countries (-3 to -10 per cent compared to 2022). CIC-Market Solutions advises that the change in its forecast is firstly due to European producers being determined to pass on the increase in factor ... |
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