donald trump: Group chief executive Bernd Scheifele hopes to boost revenues through the company US business, which currently accounts for about a quarter of total sales, according to Deutsche Welle. Scheifele said Heidel Cement was expecting to profit from the billions of dollars promised by Donald Trump, including from spending on one of the president-elect most controversial projects - a wall between the US and Mexico. On Tuesday, German concrete maker Heidelberg Cement Group said that it was in a positive mood about the medium-term effects of Trump economic policies, even though it expected a brief period of uncertainty and lower US growth. I dont know if the wall will be built - but if it does, it wont be made of wood, it will be made of concrete, and we will do good business through our subsidiaries in Texas and Arizona, he told a news conference. Trump wants to build a border wall to keep Mexican illegal immigrants out, and said he wanted Mexico to pay for the construction of the 3,000-kilometer-long structure. uhe/jd Reuters, Heidelberg Cement Group The company could, indeed, do with a boost to its bottom line, which slumped 29 percent to 339 million euros in the third quarter as a result of its 3.7.billion-euro takeover of loss-making Italian concrete maker Italcementi.
(news.financializer.com). As
reported in the news.
Tagged under donald trump, i dont topics.