Report

HOCHTIEF : 2018 annual results’ preview (21/02): little that is not yet known

>A large share of the results is already known - CIMIC reported its 2018 annual results on 05/02/2019. CIMIC is a 72.7%-owned subsidiary of HOCHTIEF, fully consolidated and listed separately in Australia. The APAC division reported in HOCHTIEF’s accounts solely comprises this subsidiary and by our estimates this division will likely represent 68%e of the group’s EBIT in 2018 and 64%e of attributable net profit.CIMIC’s results were marked by:Solid growth in r...
Underlying
Hochtief AG

Hochtief is a holding company. Through its subsidiaries, Co. operates as a construction company engaged in projects in the transportation, energy, and social and urban infrastructure sectors as well as contract mining. Co. provides its services through three divisions: HOCHTIEF Americas, which encompasses the construction activities of operational units in the U.S and Canada; HOCHTIEF Asia Pacific, which includes the construction activities and contract mining in the Asia-Pacific region; and HOCHTIEF Europe, which designs, develops, builds, operates, and manages real estate and infrastructure, with primary business in Europe as well as selected other regions.

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.

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