Cement News tagged under: Deleveraging
HeidelbergCement announces new mid-term strategic priorities and financial targets10 June 2015, Published under Cement NewsHeidelbergCement has announced new mid-term strategic priorities and financial targets for the five-year period until 2019 in advance of hosting its Capital Markets Day 2015 in London later today. On the back of the positive outlook for the current fiscal year and a strong asset base, the Group aims to increase Group revenue from EUR12.6bn in 2014 to more than EUR17bn by 2019. Over the same period, Operating EBITDA is expected to grow from EUR2.3bn to more than EUR4bn. Following the success... |
S&P lifts Cimpor outlook from stable to positive05 September 2013, Published under Cement NewsStandard & Poor’s has reaffirmed its ‘BB/B’ long and short term rating on Cimpor and InterCement, revising the outlook from stable to positive. The change follows the Outlook revision from stable to positive, keeping a ‘BB’ rating of Camargo Correa, which indirectly controls 94.2 per cent of Cimpor share capital. According to the rating’s agency, the outlook revision to positive based on the successful integration of InterCement and Cimpor assets and on the expectation that the new cement ... |
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