HeidelbergCement : It's all about inflation
>Q1 not significant but significant nonetheless - Q1 2022 earnings are due on 12 May before trading with a conference call at 2pm CET. We forecast Q1 EBITDA of € 345 m (-36% in real terms and -31% l-f-l). The consensus is not available at this stage, but we expect it to be close to our estimates. Q1 is expected to account for 9% of full-year 2022 EBITDA vs 14% of EBITDA in 2021. Like its rivals, HeidelbergCement is once again expected to show a negative price/cost eff...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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