Key information: • Revenue rose by 7% to €13.5bn. • Operating income up 16% to €1.8bn. • Net income attributable rose by 65% to €800m. • Dividend proposed at €1.30 per share in line with our forecast. • Dividend is increased by more than 70%. • 2015 was the best year for Heidelbergcement since the financial crisis. • The company earned in 2015 more than its cost of capital. • Net debt significantly reduced from €7bn at end of 20
21 Mar 2016
Record results in 2015; downside risk stemming from China
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Record results in 2015; downside risk stemming from China
Heidelberg Materials AG (HEI:WBO) | 0 0 0.1% | Mkt Cap: 16,548m
- Published:
21 Mar 2016 -
Author:
Felix Brunotte -
Pages:
4
Key information: • Revenue rose by 7% to €13.5bn. • Operating income up 16% to €1.8bn. • Net income attributable rose by 65% to €800m. • Dividend proposed at €1.30 per share in line with our forecast. • Dividend is increased by more than 70%. • 2015 was the best year for Heidelbergcement since the financial crisis. • The company earned in 2015 more than its cost of capital. • Net debt significantly reduced from €7bn at end of 20