German company HeidelbergCement first- half profits sink year-on-year

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DPA

German building materials company HeidelbergCement on Thursday reported a decline in its profit attributable to shareholders in the first half, from €755 million ($770 million) in the year before to €542 million in the first six months of 2022. Earnings per share fell to €2.82, compared to €3.81 the year before. Profit attributable to shareholders almost reached the previous year’s value at €604 million, compared to €608 million last year. Earnings per share adjusted for the additional ordinary result increased to €3.15 from €3.06. The group recorded a decline of 11.4% in the result from curre…

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