Preise bleiben aber unveraendert... (Was sagt uns das?)
RMC: Cement prices continue decline in Germany (UK:RMC) By Emily Church
LONDON (CBS.MW) -- Cement maker RMC Group (UK:RMC) said Friday it remains cautious on the outlook for growth in 2003 amid weakness in key markets, notably in Germany. Overall, it expects the year in the range of market expectations. In Germany, RMC said cement sales have increased but prices continued to decline in the first few months of the year. It added that concrete margins have also been under pressure yet that "in recent months, an increase in residential building permits suggests that overall demand in 2003 may not be down by as much as had initially been anticipated." It affirmed expectations of a material loss for Germany if prices don't improve. Regarding the U.S., it said: "there has been no sign of an improvement in market conditions."
RMC: Cement prices continue decline in Germany (UK:RMC) By Emily Church
LONDON (CBS.MW) -- Cement maker RMC Group (UK:RMC) said Friday it remains cautious on the outlook for growth in 2003 amid weakness in key markets, notably in Germany. Overall, it expects the year in the range of market expectations. In Germany, RMC said cement sales have increased but prices continued to decline in the first few months of the year. It added that concrete margins have also been under pressure yet that "in recent months, an increase in residential building permits suggests that overall demand in 2003 may not be down by as much as had initially been anticipated." It affirmed expectations of a material loss for Germany if prices don't improve. Regarding the U.S., it said: "there has been no sign of an improvement in market conditions."
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