Report
Sven Edelfelt

HOCHTIEF : Résultats T1 supérieurs aux attentes du consensus

>CA T1 en hausse de 7.4%, baisse de la contribution d’Abertis - Hochtief a publié hier en milieu de journée un CA T1 en hausse de 7,4% (dont +8% hors effet devises) à 6 156 M€ sensiblement supérieur aux attentes (5 850 M€). Le résultat avant impôt baisse de 11% par rapport au T1 2019, pénalisé par la diminution de la contribution d’Abertis et l’Asie Pacifique, mais est supérieur de 3% aux attentes du consensus.Sur le trimestre, le FCF recule de 200 M€ à -488 M€, ...
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.

Analysts
Sven Edelfelt

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