HOCHTIEF : Main focus on cash, guidance and strategy after Cimic already reported
>P&L in Q4 not as relevant as cash flow and strategy - Hochtief will report its FY 2021 results on Wednesday 23 February. As the most relevant division, Cimic, already reported its results last week, we do not expect the P&L to be the main focus of attention. Instead, the spotlight is likely to be on: 1/ cash flow generation through the recovery of working capital, which is traditionally expected in Q4 on the back of its seasonality; 2/ the 2022 guidance, and 3/ comme...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.
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.