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RSS FeedsHeidelbergCement remains on a solid growth path in the first nine months of 2019
(WorldNews Germany)

 
 

7 november 2019 15:50:49

 
HeidelbergCement remains on a solid growth path in the first nine months of 2019
(WorldNews Germany)
 


Cash flow rises to record level Revenue increases by 7% to EUR14.3 billion; result from current operations before depreciation and amortisation increases by 17% to EUR 2.6 billion 1) Savings target for sales & general administration costs reached 15 months earlier than planned - target increased by EUR30 million to EUR130 million Net debt declined significantly by EUR1.1 billion thanks to very strong cash flow development - net debt target at year-end adjusted from previously EUR7.7 billion to EUR7.4 billion Outlook for 2019 confirmed - moderate increase in revenue, result, and profit for the financial year 2) `HeidelbergCement remains on a solid growth path. We were able to increase revenue and results...


 
29 viewsCategory: General > Europe > Germany
 
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