HeidelbergCement : Buy two shares, get one free!
>The warning was expected but it is bigger than anticipated - HeidelbergCement has cut its EBITDA guidance for 2018. The group now expects l-f-l EBITDA growth of “low-to negative mid-single digit†vs “mid to high single digit†previously. The group highlighted adverse weather conditions in the US and higher than expected energy cost inflation, but without giving details (HC was expecting “mid-single digit†growth in energy costs per tonne). Lastly, the group now expec...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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