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HeidelbergCement saw good start to 2021, 2020 core profits up by 6%

"There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy," Chief Executive Dominik von Achten said

cement
Cement production site.
Reuters FRANKFURT
1 min read Last Updated : Feb 23 2021 | 11:53 AM IST

FRANKFURT (Reuters) - HeidelbergCement, the world's second-largest cement maker, on Tuesday said it saw a good start to 2021 after preliminary results showed core profit was up 6% on a like-for-like basis last year.

"There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy. I am also confident about private residential construction," Chief Executive Dominik von Achten said.

 

(Reporting by Christoph Steitz; Editing by Riham Alkousaa)

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Topics :HeidelbergCement IndiaCompaniescement industry

First Published: Feb 23 2021 | 11:45 AM IST

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