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HeidelbergCement: cement pretty much set after FY results

(CercleFinance.com) - The HeidelbergCement share is pretty flat in Frankfurt on Thursday, after the building materials supplier reported adjusted EPS of 6.
88 euros for 2020, up 7.5% from 6.40 euros in 2019.

The German group reported earnings from continuing operations before depreciation and amortisation at 3.7 billion euros (+6% like-for-like) on revenues of 17.6 billion euros (-4.6% like-for-like).

Also boasting a good start to the year, confirming an optimistic outlook for 2021, HeidelbergCement will propose a dividend of 2.20 euros per share for 2020, compared to 0.60 euro the previous year.


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