HeidelbergCement : Energy costs: the mechanism behind the shadow
>High fuel prices and the triangle of fire - Whilst our comments on the results can be found in our Flash published on 24 February (“Only perseverance will get us through high energy costs”) our takeaways from the conference call are discussed below. The question of the price/cost differential once again monopolised the Q&A session. The CEO did not hide a certain satisfaction regarding the substantial price hikes carried out since the Q3 results publication (+13% at e...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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