Heidelberg targets higher full-year result on America boost, cost management
Adds details on efficiency programme, Q3 result
BERLIN, Nov 7 (Reuters) -Heidelberg Materials HEIG.DE, the world's second-largest listed cement maker, on Thursday raised its 2024 outlook, as a strong performance in North America and efficiency measures across key markets helped offset volume headwinds.
The German building materials company now expects the result from current operations for the 2024 financial year to be between 3.1 billion and 3.3 billion euros($3.33-3.55 billion) and 3.3 billion euros, narrowing apreviously forecast range of between 3.0 billion and 3.3 billion euros.
"Our persistently strong performance in North America combined with a continued focus on cost management across key markets helped offset volume headwinds and contributed to further increasing our operational result and improving our profitability," said managing board chairman Dominik von Achten.
An initiative of optimisation and efficiency measures dubbed the "Transformation Accelerator" is expected to lead to a yearly result contribution of 500 million euros by the end of 2026, the company said.
A particular focus area will be the optimisation of the clinker and cement network in Western Europe, it added.
The company reported a 3% increase in its result from continuing operations during the third quarter to 1.124 billion euros, adjusted for scope and currency effects.
($1 = 0.9308 euros)
Writing by Rachel More, Editing by Miranda Murray
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
