Heidelberg Materials Cites Weather as First-Quarter Headwind
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Heidelberg Materials AG [Newsroom]Heidelberg (ots) - - Revenues at EUR 4,536 million (previously: EUR 4,715 million), earnings(1) at EUR 163 million (previously: EUR 235 million) - Cost discipline and efficiency - Transformation Accelerator Initiative with savings of a total of EUR 405 million - ... Continue reading here...Original content of: Heidelberg Materials AG, news transmitted by currently
Heidelberg Materials cites weather as first-quarter headwind
von Achten Adverse weather in the Northeast hampered the first-quarter performance of Heidelberg Materials, which released its latest earnings report Wednesday. Quarterly revenue in North America decreased 0.9 percent to 986 million euros. Heidelberg Materials’ result from current operations before depreciation and amortization in the region dropped 30.7 percent to 69 million euros. The company pointed to “persistent political and economic uncer…
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