Economy & Market
HeidelbergCement indicates stronger Q4
HeidelbergCement has reported that its result from current operations (RCO) for the fourth quarter of 2019 grew by 3 per cent year-on-year to Euro 603 million, from Euro 584 million in the fourth quarter of 2018. Its result from current operations before depreciation and amortisation (RCOBD) grew by 13 per cent to Euro 968 million from Euro 858 million, while its revenue declined by 3 per cent year-on-year from Euro 4.70 billion to Euro 4.58 billion. HeidelbergCement is one of the world's largest building materials companies and the No. 1 in aggregates production.