Thursday, March 18, 2021

HeidelbergCement Q4 Profit Up, Lifts Dividend; Sees Growth In FY21 Results

HeidelbergCement reported Thursday higher profit in its fourth quarter, despite a decline in revenues. Cement and Aggregates volume increased, while ready-mixed concrete volume were down. Looking ahead, the German building materials company reported good start to the year and confirmed optimistic outlook for 2021. Demand is expected to develop positively in many markets.

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