HeidelbergCement : A good year in 2020 and a generally favourable outlook
>EBITDA marginally above the consensus and net debt in line - HeidelbergCement reported Q4 2020 EBITDA that marginally beat the consensus and was in in line with our forecasts, at € 976m vs € 944m for the consensus, i.e. 3% above the consensus (6% l-f-l). In Q4, the group recorded volume growth in all its main businesses (cement: 2.2%, aggregates: 3.0%, ready-mix concrete: 2.4% and asphalt 4.4%). Sales thus came to € 4,466m, up +2.6% l-f-l and -2.6% in reported terms ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.