Report
Chaima Ferrandon ...
  • Sven Edelfelt

Heidelberg Materials : Un bon T1 2023 et une guidance à moitié relevée

>EBITDA T1 12% > consensus - Heidelberg Materials a publié un EBITDA T1 2023 au-dessus des attentes. L’EBITDA ressort à 557 M€ en hausse de 41% en réel et +49% à pcc (consensus de la société à 497 M€, soit 12% au-dessus). Les effets prix expliquent largement l’amélioration des résultats. Au niveau de l’EBITDA, le différentiel prix/coûts ressort à +249 M€ au T1 après +129 M€ au T4, -4 M€ au T3 et -16 M€ au T2. La marge d’EBITDA s’améliore à 11.4% soit +247pb après -14...
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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