Stock Groups

HeidelbergCement sees higher sales, profits in 2022 -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: The HeidelbergCement logo is seen at the headquarters of HeidelbergCement, Germany on June 21 2016. Picture taken June 21, 2016. REUTERS/Ralph Orlowski

HeidelbergCement (DE) HEIG.DE is the second largest cement manufacturer in the world. It expects core profit and sales to increase in 2022 due to global infrastructure programs and continued demand for homes.

The company stated that “due to persistently high energy prices, the general conditions especially in the first quarter of the year will remain challenging”, adding that cost reductions and price rises would offset this.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]