HEIDELBERGCEMENT: Very solid rebound of the EBITDA in Q1 | BUY | EUR79(+13%)
HEIDELBERGCEMENT - BUY | EUR79(+13%)Very solid rebound of the EBITDA in Q1
Q1 key figures much better than anticipated
Trends by countries
Positive management comments on the outlook
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.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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