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| HeidelbergCement achieved profitable growth in 2006  HeidelbergCement closed its 2006 financial year with a group turnover of EUR 9.2 billion (previous year: 7.8). Operating income rose to EUR 1.5 billion (previous year: 1.0). The profit for the financial year more than doubled, exceeding EUR 1 billion (previous year: 0.5), and the return on turnover grew to 11.1%. Another important key figure – earnings per share – rose from EUR 3.74 to EUR 8.22. Total cement and clinker sales volumes rose to just under 80 million tonnes (previous year: 68).In 2006, investments in tangible and financial fixed assets remained at the previous year's level, totalling EUR 933 million (previous year: 934). The biggest investments in tangible fixed assets related to extensive modernisation measures in cement plants in Estonia, Romania, Ukraine and in the Leeds plant in the US, the construction of the new plant in China and capacity increases in Indonesia and Turkey. The investments in financial fixed assets primarily include our involvement in India, the expansion in Ukraine and the acquisition of the Danish company Dansk Leca. After a pleasing prelude at the start of 2007, HeidelbergCement expects a positive trend over the whole year, even in the mature markets of Europe. write your comments about the article :: © 2007 Construction News :: home page |