HeidelbergCement : Q4 figures not that bad thanks to price effects
>Preliminary Q4 EBITDA 5% better than the consensus - In the preparation of the 2021 financial report, the preliminary figures for Q4 are above market expectations. HeidelbergCement thus reported its key figures in an ad-hoc release. Preliminary sales came in at € 4.7bn in Q4 2021, beating expectations by € 100-150m thanks to a price acceleration.Preliminary EBITDA stands at € 979m in Q4 2021 vs € 930m for the market and € 919m for ODDO BHF (5% above the consensu...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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