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via finance.yahoo.comBusiness & Companies

Heidelberg Materials raises cost savings target by €300M after Q3 profit beat

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Heidelberg Materials AG (ETR:HEIG) raised its cost-savings target on Thursday after third-quarter operating profit beat analyst expectations, supported by strong demand in North America and pricing in Europe. Still guessing which stocks will beat the market? Our…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn operating profit beat and higher savings target support the group's outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The new additional savings target is €300 million by end-2028.
  2. 02Result from current operations rose to €1.28 billion from €1.18 billion.
  3. 03The figure beat analyst expectations of €1.24 billion.

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