Indocement profit rises, gears up for expansion
Indocement Tunggal Prakarsa, part of the HeidelbergCement group, reported a 24 per cent rise in profit for the first half of 2012 driven by higher sales as the company gears up...
Heidelbergcement
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HeidelbergCement revenues rise driven by North America and Asia
HeidelbergCement has reported a rise in revenue and profit for the second quarter of 2012 driven by increased sales in North America and Asia as well as successful price increa...
HeidelbergCement opens new Lithuanian terminal
HeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to l...
Tvornica Cementa Kakanj forecasts 10-14% drop in in revenues, Bosnia
Tvornica Cementa Kakanj (TCK), the Bosnian unit of HeidelbergCement expects to post a 10-14% drop in cement sales volume this year as conditions on the local market and the fal...
HeidelbergCement’s debt reduction focus
HeidelbergCement plans to cut its debt by about 16 per cent to EUR6.5bn to boost its credit rating and share price according to reports in the Frankfurter Allgeemeine Sonntagzi...
Personnel change in the Supervisory Board of HeidelbergCement
Prof. Dr. Marion Weissenberger-Eibl has been appointed as a member of HeidelbergCement's Supervisory Board in the capacity of shareholder representative. She succeeds Dr.-Ing. ...
Defending profitability key for European companies
Fitch Ratings says that the ability to defend profitability in emerging countries is the most critical issue for the rating of the European cement companies rated by the agency...
Fitch affirms HeidelbergCement at BB+
Fitch Ratings has affirms HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is Stable. The agency al...
HeidelbergCement
HeidelbergCement's first-quarter turnover advanced by 7.6% to €2799.4m, but the EBITDA declined by 15.5% to €213.7m and the trading profit fell by 77% to a €13.8m. The lower ma...
HeidelbergCement hoards liquidity due to financial crisis
HeidelbergCement AG is hoarding liquidity to create a buffer should the Eurozone crisis deepen, its chief executive told the Wall Street Journal Deutschland in an interview. "...