HeidelbergCement fourth-quarter earnings gain beats market view
Reuters
Published Jan 31, 2022 02:28PM ET
FRANKFURT (Reuters) - A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement (DE:HEIG) 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)
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Written By: Reuters
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