Report
Chaima Ferrandon ...
  • Sven Edelfelt

Heidelberg Materials : Because you’re worth it

>A good H1 and H2 set to be of a similar ilk - Our comments on the H1 results can be found in the July 27 bulletin (“A good H1 and guidance revised up as expected”). Our take-away from the conference call was as follows. The CEO was plainly optimistic about the price to cost differential amid an easing of fuel prices, an easier comparison base for volumes and the ramp up of the group’s new Mitchell cement plant in the US. Volumes may still be an issue in the new built...
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
Chaima Ferrandon

Sven Edelfelt

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