|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.94 - 20.02|
|52-week range||17.52 - 20.56|
|PE ratio (TTM)||22.61|
|Forward Dividend & Yield||0.34 (1.72%)|
|1y target est||N/A|
Germany's HeidelbergCement believes the worst is over for its business in Indonesia, its largest market by capacity, as private projects in the capital make a comeback, favouring foreign suppliers and ...
HeidelbergCement (Amsterdam: HC6.AS - news) said it would focus this year on realising the benefits from the acquisition of Italcementi and on raising prices to combat cost inflation after a patchy fourth quarter that missed market expectations. The company, which reinforced its position among the world's top three building-materials suppliers with its Italcementi deal last year, blamed bad weather and a weak Indonesian market for a 4 percent slide in quarterly sales. HeidelbergCement (IOB: 0MG2.IL - news) shares were indicated down 2.8 percent ahead of the Frankfurt market open, at the bottom of the blue-chip DAX.