Indocement sales advance, further growth ahead, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, said on Tuesday cement sales rose 15 per cent in 2011 and forecasts a strong rise in infrastructure projects...
Heidelbergcement
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HeidelbergCement lifts revenues, raises savings target
German cement major HeidelbergCement has reported a rise in revenues in 2011 driven significantly by its exposure to attractive growth markets, continuing recovery in most grou...
HeidelbergCement issues Eurobond
HeidelbergCement issued a Eurobond today under its €10bn EMTN programme with an issuance volume of €300m and a maturity date of 8 March 2016. The proceeds of the transaction wi...
HeidelbergCement Quarry Life Award
The first edition of the Quarry Life Award launched by HeidelbergCement raised strong interest from students and researchers. Over 300 project proposals will be competing in 18...
High input costs impact HeidelbergCement India 4Q
HeidelbergCement India posted lower-than-expected results on the back of a sharp rise in input costs. However, the company’s exposure to the Central and Western regions, where ...
HeidelbergCement ahead in 2011, but margins narrow
The preliminary figures from HeidelbergCement show a 9.7 per cent advance in turnover last year to €12,902m, but the EBITDA was improving at a more modest 3.6 per cent to €2,32...
HeidelbergCement extends its €3bn credit facility
HeidelbergCement has secured an extension of its €3bn syndicated credit facility, which was due to mature at the end of 2013, until 31 December 2015. All 17 original lenders ha...
Goldman Sachs keeps "buy" on HeidelbergCement
Goldman Sachs on Tuesday reiterated its "buy" recommendation and EUR43 share price target on HeidelbergCement. Despite the past above-average share price development, the stoc...
Tanzanian cement discussions
Tanzanian cement producers have been urged to review their profit margins to make cement more affordable and thus increase per capita consumption, according to local press repo...
Deutsche Bank maintains “buy” rating on HeidelbergCement
Deutsche Bank has retained its “buy” recommendation on HeidelbergCement and affirmed the EUR42.00 share price target.