HeidelbergCement sees higher sales, profits in 2022
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/12/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mail
FILE PHOTO: A logo of HeidelbergCement is pictured at their headquarters in Heidelberg, Germany, June 21, 2016. Picture taken June 21, 2016. REUTERS/Ralph Orlowski
HeidelbergCement HEIG.DE, the world's second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new homes.
"Due to the persistently high energy costs, the general conditions particularly in the first half of the year will nevertheless remain challenging," the company said, adding this would be offset by cost cuts and price increases.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump says Putin agreed to immediately release more diesel to markets
- Delhi shuts metro stations, restricts traffic ahead of new protest against election chief
- EU eyes COP31 climate deal to accelerate CO2 cuts, document shows
Create E-mail Alert Related Categories
ReutersRelated Entities
Raising PricesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
