HeidelbergCement – preliminary overview Q4 and full year 2010

HeidelbergCement presented on 10.02.2011 its preliminary and unaudited figures for sales volumes, turnover, operating income before depreciation (OIBD) and operating income (OI) for the fourth quarter and full year 2010. A positive overall ­volume trend continued in Q4 despite the early and extreme winter start in Europe: like-for-like sales volumes of cement, aggregates, and ready-mixed concrete increased in comparison with Q4 2009. The 2010 turnover reaches 11.8 billion € (+5.8 % from 2009), the 2010 operating income increases by 8.6 % to 1.43 billion €, the cost saving programme “FitnessPlus 2010” saves 300 million €. For 2011, sustained growth in Asia-Pacific and Africa-Mediterranean Basin and continuation of recovery in North America and Europe is expected. The focus on deleveraging and cement capacity expansion in growth markets remains and the aim is to compensate for rising input cost with ­operational excellence and price increases.



Related articles:

Issue 09/2010

Developing cement capacities in Africa

HeidelbergCement and IFC, a member of the World Bank Group, signed an agreement to support the development of the local infrastructure in Sub-Saharan ­Africa by increasing the local supply of...

more

Developing cement capacities in Africa

HeidelbergCement and IFC, a member of the World Bank Group, signed an agreement to support the development of the local infrastructure in Sub-Saharan ­Africa by increasing the local supply of cement....

more
Issue 04/2010

Acting decisively during the crisis

During the global economic crisis, HeidelbergCement demonstrated operational strength and uncompromising cost and cash management. Thanks to a carefully balanced package of measures, the Group‘s...

more
Issue 01/2013

HeidelbergCement commissioned a new cement mill

HeidelbergCement has commissioned a new cement mill with an annual capacity of 1 million tonnes at its Tema cement grinding plant in Ghana. Capital expenditure amounted to € 16 million. With...

more

New clinker plant and cement grinding facility

In Togo, HeidelbergCement is constructing a new 250 million US$ clinker plant with an annual capacity of 1.5 million t in the town of Tabligbo, some 80 km north-east of the capital of Lomé. In...

more