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HeidelbergCement saw good start to 2021, 2020 core profits up by 6%

"There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy," Chief Executive Dominik von Achten said

Topics
HeidelbergCement India | Companies | cement industry

Reuters  |  FRANKFURT 

cement
Cement production site.

FRANKFURT (Reuters) - HeidelbergCement, the world's second-largest cement maker, on Tuesday said it saw a good start to 2021 after preliminary results showed core profit was up 6% on a like-for-like basis last year.

"There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy. I am also confident about private residential construction," Chief Executive Dominik von Achten said.

 

(Reporting by Christoph Steitz; Editing by Riham Alkousaa)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, February 23 2021. 11:45 IST
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