HeidelbergCement : Pending a nightmare Q2
>Management clear and active - While comments on the preliminary results are available in our Equity Flash of 5 May (“And the year had begun so well!â€), we retain the following elements from the conference call. The majority of questions concerned the cost-cutting programme, the current level of production, liquidity and stimulus packages in mature countries. One key point, management explained that it had lowered its dividend in order to protect its investment grade ...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.