Heidelberg Materials : Optimisation and more sustainable products
>Feedback on Q3 2024 results - Our comments on the group’s Q3 2024 results are available in the flash of 7 November (Nothing special to report on Q3). Our key takeaways from the conference call are as follows. Management unveiled a savings and optimisation plan, Transformation Accelerator, worth € 500m from 2025-2026. In our view, this programme will be driven mainly by the restructuring/closure of some European cement plants and the ramp-up of the sustainable produc...HeidelbergCement is engaged in the production and distribution of cement and aggregates, concrete and building products. Co.'s product range is complemented by downstream activities, such as ready-mixed concrete, concrete products, and concrete elements; in some countries, asphalt and building products, such as bricks and roof tiles, lime, or sand-lime bricks, are also manufactured. Furthermore, Co. provides services such as worldwide trading in cement and coal by sea. Co.'s products are used for the construction of houses, infrastructure, and commercial and industrial facilities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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