FILE PHOTO: A logo of HeidelbergCement is pictured at their headquarters in Heidelberg, Germany, June 21, 2016. REUTERS/Ralph Orlowski/File Photo

January 31, 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)


Source: One America News Network

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