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Heidelberg Materials beats Q2 expectations with strict cost management

BERLIN, July 31 (Reuters) - Heidelberg Materials HEIG.DE, the world's second-largest cement maker, posted better-than-expected second-quarter operating profit on Thursday, citing price adjustments and strict cost management.

The group's result from current operations (RCO) rose 8% to 1.05 billion euros ($1.20 billion), beating the 1.03 billion euros forecast in a company-provided poll.

"Next to price adjustments, our strict cost management has proven particularly effective in the second quarter," CEO Dominik von Achten said, while also confirming the full-year outlook.

($1 = 0.8751 euros)

 (Writing by Miranda Murray, Editing by Rachel More)

 ((Miranda.Murray@thomsonreuters.com;))

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