HeidelbergCement : A solid Q2 2020 and in line with the ad-hoc press release
>Confirmation of preliminary results - HeidelbergCement has reported Q2 2020 sales of € 4.324bn (H1 2019: € 8.254bn) and Q2 2020 EBITDA of € 999m. The group had already published the broad outlines of these preliminary results in view of key figures above expectations (see our equity flash entitled “Q2 results actually not that bad!â€). â€). In Q2, the group saw a decline in volumes in all its main business lines given the impact of pandemic measures aimed at limiting t...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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