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HeidelbergCement FY sales up 18.3 pct, sees "noticable" growth in 2007 earnings.
(From AFX Europe (Focus))
HEIDELBERG, Germany (AFX) - HeidelbergCement AG said full year 2006 sales rose to 9.234 bln eur from 7.803 bln in 2005 and forecast a "noticable" increase in 2007 full year earnings and sales.
It said net profit in 2006 has "exceeded" 1 bln eur. On Jan 9, the company said net profit would reach about 1.0 bln eur, up from 471 mln in 2005.
Measures to restructure and increase efficiency helped the company to achieve a "significant double-digit" increase in operating income last year. No figures were provided.
In 2006, double-digit growth in sales volume was …
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