HeidelbergCement AG (HEIG.DE)
FRANKFURT HeidelbergCement on Thursday announced plans to cut costs and investments to protect profit margins and also flagged a recovery in the North American market, where tough conditions forced the group to cut its outlook last month.
* Shares reach highest level since Oct. 5 (Recasts, adds details from conference call, updates shares)
FRANKFURT, Nov 8 HeidelbergCement on Thursday said it would cut costs and investments, only weeks after the world's second-largest cement maker slashed its profit outlook on a weak U.S. construction market and higher-than-expected energy costs.
* Shares open 4.6 percent higher (Adds CEO comments, analysts, share price)
* Shares drop as much as 10.3 percent (Recasts, adds details on U.S. business, shares, analyst)
FRANKFURT, Oct 18 Heidelbergcement on Thursday trimmed its profit outlook for 2018 due to bad weather in the U.S. and higher-than-expected energy cost inflation.
ZURICH HeidelbergCement could buy parts of LafargeHolcim's business in Indonesia that is up for sale, HeidelbergCement Chief Executive Bernd Scheifele said on Tuesday.
ZURICH, July 31 HeidelbergCement could buy parts of LafargeHolcim's business in Indonesia that is up for sale, HeidelbergCement Chief Executive Bernd Scheifele said on Tuesday.
ZURICH HeidelbergCement , the world's second-largest cement maker, said it expects growth to continue in the United States and northern Europe as it reported a 9 percent jump in like-for-like sales in the second quarter.
ZURICH, July 31 HeidelbergCement, the world's second-largest cement maker, on Tuesday said core earnings rose 3 percent in the second quarter, citing growth in all of its businesses.