Tuesday, January 09, 2007
1,021 characters
HeidelbergCement outperforms results forecast for 2006
The Managing Board of HeidelbergCement assumes that all result figures of the company for 2006 will be better than the latest forecast due to the extraordinary good weather conditions at year-end.
In 2006, HeidelbergCement’s cement and clinker sales volumes rose to around 80 million tonnes (previous year: 68). Due to this favourable development of sales volumes, turnover is expected to exceed EUR 9 billion (previous year: 7.8) and the profit for the financial year will increase to about EUR 1 billion (previous year: EUR 471 million).
In addition to the extraordinary good weather conditions, worldwide favourable cement demand, cost reduction programmes initiated in 2005 and a markedly reduced Group tax rate contributed significantly to the development of results.
The preliminary overview of the results for the financial year will be published on 21 February 2007.
The Managing Board
Ad hoc announcement pursuant to § 15 German Securities Trading Act (WpHG)