FRANKFURT, July 28 Reuters HeidelbergCement, the world39;s No.2 cement maker, on Thursday posted a 4.3 drop in secondquarter core profit, citing challenges ahead because of an unprecedented increase in energy prices.
The results from current operations before depreciation and amortisation RCOBD were 1.13 billion euros 1.15 billion in the AprilJune period, the company said.
The company confirmed its outlook for strong revenue growth but said a slight decline in the results from current operations was now expected in 2022.
Larger rival Holcim a day earlier brushed off higher energy prices and rising interest rates to hike its fullyear sales guidance after beating secondquarter forecasts.
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Reporting by Christoph Steitz; Editing by Christian Schmollinger
Source Reuters