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HeidelbergCement’s preliminary, unaudited figures for the full year 2020 saw the result from current operations before depreciation and amortisation r. ....
Advertisement Result from current operations before depreciation and amortisation grew like-for-like by 6% to €3.7 billion compared to the previous year. Margin significantly increased from 19.0% to 21.1% driven by all group areas COPE action plan overachieved with cash savings of around €1.3 billion. Net debt significantly reduced by €1.5 billion; leverage ratio of 1.86x already within target range. CO 2 reduction targets to be embedded in the remuneration systems across the group as from 2021; major progress in industrial scaling of CO 2 reduction and capture (CCU/S). Good start into the year confirms optimistic view of building materials market development in 2021. HeidelbergCement has presented preliminary, unaudited figures for the full year 2020, as planned. In a difficult market environment, the result from current operations before depreciation and amortisation rose like-for-like by 6% to a record €3.7 billion. Consistent implem ....