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Moody's: Positive outlook for Europe's building materials sector into 2019 though storm clouds loom

Rising sales volumes, particularly in North America and Europe, and average earnings growth of more than 4% will keep the outlook on Europe's building materials sector positive into 2019, says Moody's Investors Service in a report published today. "Ongoing price rises and higher capacity utilisation will be driving earnings and sales growth, supporting the positive outlook on the European building materials industry over the next 12-18 months," says Stanislas Duquesnoy, Vice President -- Senior Credit Officer at Moody's.