HeidelbergCement fourth-quarter earnings gain beats market view
3:28 pm Monday, January 31st, 2022
FRANKFURT (Reuters) – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday.
Citing preliminary figures, the German cement maker said quarterly earnings from current operations gained 2% to 661 million euros ($741.25 million), well above average market expectations of 556 million euros.
It is due to publish detailed preliminary figures on Feb. 24.
($1 = 0.8917 euros)
(Reporting by Ludwig Burger; Editing by David Goodman)
