Report
Sven Edelfelt

HeidelbergCement : Inflation quand tu nous tiens

>Un T1 pas significatif mais significatif quand même - Publication des résultats du T1 2022 le 12 mai avant Bourse et conférence téléphonique à 14h CET. Nous tablons sur un EBITDA T1 de 345 M€ (-36% en réel et -31% à pcc). Le consensus n’a pas été publié à ce stade mais celui-ci devrait ressortir proche de nos attentes, selon nous. Le T1 devrait représenter 9% de l’EBITDA annuel 2022 contre 14% de l’EBITDA 2021. A l’instar de ses concurrents, HeidelbergCement devrait ...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch