HeidelbergCement to keep lid on costs after solid start in third quarter


FRANKFURT (Reuters) - HeidelbergCement, the world's No. 2 cement maker, on Thursday said it would continue to tighten its purse strings in the wake of the coronavirus crisis after a good start to the July-September quarter.

The German group said construction activity had gradually recovered over the course of the second quarter, but cautioned it was still impossible to provide an outlook for the full-year. "We have made a solid start into the third quarter. We will maintain our focus on cost savings and preserving liquidity,".....

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