October 18, 2018 / 6:22 AM / in a month

Heidelbergcement lowers 2018 profit outlook on weather and energy costs

FRANKFURT, Oct 18 (Reuters) - Heidelbergcement on Thursday trimmed its profit outlook for 2018 due to bad weather in the U.S. and higher-than-expected energy cost inflation.

The result from current operations before depreciation and adjusted for currency effects is now expected to rise by a low-to-middle single digit percentage increase, down from a middle-to-high single digit percentage increase.

Reporting by Tom Sims; editing by Thomas Seythal

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