HeidelbergCement : Q1 beats all expectations
>Q1 EBITDA 23% above the consensus - In a press release issued yesterday, HeidelbergCement announced the broad lines of its preliminary results. They came in largely above the consensus, particularly at the level of EBITDA and margin. Despite harsh winter weather in January and February, EBITDA was € 538m vs € 436m for the consensus (i.e. 23% above) and our forecast of € 417m. Sales were in line with forecasts at € 3,958m vs € 3,873m anticipated by the market and our...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.