The German unit of  Holcim said it expects revenue to shrink in both 2010 and 2011 in line with the 5% decline expected for the whole industry.

Holcim Germany’s revenue fell to EUR 364.4m last year from EUR 366m in 2008.

The gross margin went down to 34.4% from 39.2%.

Abstracted from an original article in Boersen-Zeitung