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News HeidelbergCement focuses on prices over sales volumes in 2019

HeidelbergCement focuses on prices over sales volumes in 2019

Written by Global Cement staff 13 February 2020
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Germany: HeidelbergCement’s revenue rose by 2.1%, on a like-for-like basis, to Euro18.9bn in 2019. In its preliminary results the group said that it had focused on prices rather than sales volumes. Its cement and clinker sales volumes fell by 1.6% year-on-year, excluding consolidation effects, to126Mt in 2019. Ready-mixed concrete sales rose by 3.4% to 50.7Mm3. Its current operations before depreciation and amortisation rose by 2.5%, on a like-for-like basis, to Euro3.58bn. The building materials producer plans to issue a more detailed trading statement in mid-February 2020 detailing its performance.

Last modified on 19 February 2020
Published in Global Cement News
Tagged under
  • Germany
  • HeidelbergCement
  • Results
  • GCW443

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