Financial

HeidelbergCement sees uncertain 2009, looking for investors

14 December, 2020

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HeidelbergCement, the world's fourth largest cement producer, said 2008 operating profit rose 11% to more than two billion euros, a gain supported in part by asset sales and the purchase of Hanson. Company revenues climbed 30% to 14,2 billion euros, but the company declined to provide an outlook for 2009. Debt further downgraded by Moody's.

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