Ad-hoc: Revaluation of asset portfolio at HeidelbergCement
(WorldNews Belgium)

COVID-19 related revaluation of the asset portfolio of the HeidelbergCement Group leads to depreciation of goodwill and other assets of approximately EUR 3.4 billion Measures from COPE will already take effect in the short term and will partially compensate the impact caused by the decline in sales volumes in Q2 2020 Long-term business outlook remains good Due to the COVID 19 pandemic, HeidelbergCement AG comprehensively reviewed the business prospects of all significant local business units of the Group in the second quarter...