Cement News tagged under: Bernd Scheifele
HeidelbergCement lifts prices to stem cost surge03 May 2012, Published under Cement NewsHeidelbergCement joined peers in raising prices after posting a 77% decline in operating profit in the 1Q12, a bigger fall than expected due to higher energy costs. Operating profit in the first three months of the year declined to €14m (US$18m) from €60m a year earlier, the company said on Thursday. That was below than the €52.9m expected on average by analysts in a Reuters poll. "In view of the higher costs of energy and raw materials we launched price increases and in some markets... |
The Scheifele interview26 October 2011, Published under Cement NewsA series of major deals, culminating in the UK£8bn acquisition of Hanson (UK) in 2007, saw HeidelbergCement emerge as a global market leader in cement and aggregates. As with many companies in the sector, the financial crisis brought with it a series of challenges, resulting in the substantial restrucuturing of the company, transforming it from a largely private company, closely held within the Merckle empire, into a publically listed company listed on the DAX 30. Dr Bernd Scheifele, CEO, ta... |
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