HeidelbergCement has published preliminary results for 2019Visits : 254

HeidelbergCement has published preliminary results for 2019

Cement and clinker sales volumes fell by 3.1% in 2019 to 125.9 million t. Excluding consolidation effects, cement and clinker sales volumes were 1.6% below the previous year. Aggregates sales volumes were just under the previous year’s level, at 308.3 million t. Excluding consolidation effects, sales volumes fell by 1.2%. Ready-mixed concrete sales volumes were up by 3.4% in 2019 to 50.7 million m3. Excluding consolidation effects, they rose by 1.1%. The development of sales volumes resulted mainly from the company’s strategy of focusing more on necessary price increases than on sales volumes, which led to a decline in sales volumes in the fourth quarter of 2019, in particular. Sales volumes of the whole year 2019 were therefore slightly below expectations.