Report
Sven Edelfelt

HOCHTIEF : Résultats T2 2020 légèrement supérieurs aux attentes

>Baisse du résultat opérationnel avant impôts de 32% (vs -36%e)… - Après la publication des résultats de Cimic le 30 juillet, Hochtief a publié hier un chiffre d’affaires T2 en baisse de 7.7% à 5 791 M€, supérieur au consensus (-9.2%e). La marge d’EBIT est en recul de 109 pb à 3.5%. Le résultat opérationnel avant impôts baisse de 32% à 183 M€, légèrement supérieur au consensus (171 M€e). Le résultat net opérationnel s’élève quant à lui à 103 M€, en ligne avec les atte...
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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