Report

HOCHTIEF : Bonne publication T4, assombrie par les prises de commandes en baisse

>Des résultats T4 2018 supérieurs au consensus - HOCHTIEF a publié hier des résultats T4 2018 qui ressortent au-dessus du consensus constitué par la société (+1.2% pour le CA et +6.6% pour le résultat net « opérationnel »). Nous retenons trois points positifs : 1/ une croissance annuelle du CA toujours dynamique à +11% en organique en 2018 (vs +7% selon nous en 2017), tirée par Americas (+14%) et APAC (+9%). 2/ une amélioration des marges d’EBIT dans toutes les ...
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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