HeidelbergCement : Definitive results: no scoops
>Publication of 2018 definitive results - The group had already reported its sales, EBITDA and EBIT on 18 February (see flash “Brighter prospects for 2019â€). The dividend came in at € 2.1, in line with the consensus (9th year of growth in a row). EPS is also in line with market expectations, at € 5.76 vs € 5.70. Net debt came in at € 8.367bn, in line with the consensus (€ 8.38bn) and the group’s guidance of 18 February (~€ 8.4bn). A good level of FCF for the year at €...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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