February 20, 2018 / 6:06 AM / 8 months ago

HeidelbergCement beats Q4 profit forecast on prices, synergies

FRANKFURT, Feb 20 (Reuters) - Germany's HeidelbergCement on Tuesday said its core profit rose 16.5 percent in the fourth quarter, citing price increases and higher-than-expected synergies from the integration of Italcementi.

The group's fourth-quarter result from current operations before depreciation and amortisation (RCOBD) came in at 892 million euros ($1.10 billion), compared with an average forecast by analysts of 855 million. ($1 = 0.8076 euros) (Reporting by Christoph Steitz; Editing by Ludwig Burger)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below