Report
Sven Edelfelt

Heidelberg Materials : Un effet prix coûts bientôt redevenu positif

>Vers une publication de bonne facture - Publication des résultats annuels 2022 le 23 février avant Bourse et conférence téléphonique à 14h CET. Nous tablons sur un EBITDA au T4 de 990 M€ (+1.1% en réel et -1.5% à pcc). Le consensus n’a pas été publié, à ce stade, mais celui-ci devrait ressortir proche de nos attentes (visible Alpha à 994 M€). Après des trimestres difficiles, Heidelberg Materials devrait enfin afficher un prix coûts positif que nous évaluons à ~90 M€ ...
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

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