Heidelberg Materials : Pending the dangers ahead in 2023
>Recap on the Q3 performance - Comments on the results are available in our Flash of 03/11 (“When reality comes into line”). Our takeaways from the conference call are as follows. The question of fuels costs and fears of a slowdown were once again the main focus in the Q&A session. The management displayed greater caution than in H1 in opting to retain significant liquidities and to not start the third tranche of its share buyback programme straight away. This decisio...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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