Report
Sven Edelfelt

HeidelbergCement : Change and continuity

>Optimism in order for 2019 - Our comments on the preliminary results can be found in our Flash published on 19 February (“Brighter prospects for 2019”) and our takeaways from the conference call are discussed below. The important point is that, while the guidance is limited for the time being, the CEO believes that the group can achieve the consensus forecast for l-f-l growth in EBITDA of 5% (Oddo BHF estimate 8%).Indonesia: the benefits of the dragon an...
Underlying
HeidelbergCement AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

ResearchPool Subscriptions

Get the most out of your insights

Get in touch