Austrian cement increase

The Austrian cement industry increased its turnover by 4% to €388.3 million (US$442.83 million) in the second half of 2015. In total 4.81 million tonnes of cement was produced in 2015.
May 16, 2016 Read time: 1 min

The Austrian cement industry increased its turnover by 4% to €388.3 million (US$442.83 million) in the second half of 2015.

In total 4.81 million tonnes of cement was produced in 2015.

Quarry Products

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Heidelberg Cement says that during the second quarter of 2015 s sales volumes increased in all business lines and group revenue wasup by 10% to €3.6 billion (previous year: €3.3 billion; like-for-like +0.4%).

The company’s Q2 results also show that operating income before depreciation (OIBD) improved by 15% to €752 million (previous year: €655 million; like-for-like* +6%); the OIBD margin improved to 20.7%, and a reduction in net debt compared with the previous year by €1.6 billion to €6.3 billion,

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