Key data: • Reported group revenue is up by 10% due to favourable exchange rate movements and like-for-like revenue is stable. • Operating income before depreciation improved by 15% on a reported basis and by 6% on a like-for-like basis. • Operating income before depreciation margin improved to 20.7%. • Net debt decreased by €1.6bn to €6.3bn. Outlook • Positive outlook for the global economy. • Growth of sales volumes expected in all business lines for
29 Jul 2015
Good results notably due to positive foreign exchange rate movements
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Good results notably due to positive foreign exchange rate movements
Heidelberg Materials AG (HEI:WBO) | 0 0 0.1% | Mkt Cap: 16,548m
- Published:
29 Jul 2015 -
Author:
Felix Brunotte -
Pages:
3
Key data: • Reported group revenue is up by 10% due to favourable exchange rate movements and like-for-like revenue is stable. • Operating income before depreciation improved by 15% on a reported basis and by 6% on a like-for-like basis. • Operating income before depreciation margin improved to 20.7%. • Net debt decreased by €1.6bn to €6.3bn. Outlook • Positive outlook for the global economy. • Growth of sales volumes expected in all business lines for