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HeidelbergCement: adjusted EPS up 23%

(CercleFinance.com) - HeidelbergCement has published FY 2019 EPS, excluding exceptional items, that is up 23% at 6.
40 euros, as well as a dividend per share that is up 5% at 2.20 euros, representing a payout rate of 40%.

The building materials supplier reported earnings from current activities before depreciation and amortisation that is up around 16% at 3.6 billion euros, for revenues that are up 4% at 18.9 billion euros.

In view of the coronavirus epidemic, the German group has decided to postpone its AGM, which was set to meet on 7 May, and says that it cannot yet make valid forecasts for FY 2020.


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