HeidelbergCement AG,

HeidelbergCement is engaged in the production and distribution of cement and aggregates, concrete and building products. Co.'s product range is complemented by downstream activities, such as ready-mixed concrete, concrete products, and concrete elements; in some countries, asphalt and building products, such as bricks and roof tiles, lime, or sand-lime bricks, are also manufactured. Furthermore, Co. provides services such as worldwide trading in cement and coal by sea. Co.'s products are used for the construction of houses, infrastructure, and commercial and industrial facilities.
  • Ticker604700
  • ISINDE0006047004
  • SectorConstruction & Materials
  • CountryGermany

Analysts

Valérie GASTALDY

Short term view - HEIDELBERGCEMENT AG : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €64.70. The background trend would be questioned should prices rise above €74.50.

Valérie GASTALDY

Analyse court terme - HEIDELBERGCEMENT AG : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 64,70 €. La tendance de fond serait remise en cause en cas de franchissement de 74,50 €.

Jérôme VINERIER

Medium term view - HEIDELBERGCEMENT AG : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €65.12, then €57.40. Passing €84.30 would question the continuation of the fall.

Jérôme VINERIER

Analyse moyen terme - HEIDELBERGCEMENT AG : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 65,12 €, puis 57,40 €. Le franchissement de 84,30 € remettrait en cause la suite de la baisse.

1 director bought

A director at Heidelbergcement Ag bought 2,000 shares at 65.580EUR and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Remi Ramadou

HEIDELBERGCEMENT- 4Q17 - Strong results enable meeting of FY guidance

HeidelbergCement (‘HC’), the German cement maker, has published solid 4Q17 results on the back of good sales volume and pricing momentum in key countries, plus sizeable synergies with Italcementi. LFL sales were up 5.2% yoy to €4.26bn in Q4 and LFL EBITDA increased by a high 16% to €890m, above the market consensus (€862m).

HeidelbergCement AG: Strong synergy delivery enables HC to achieve the lower end of its 2017 earnings guidance

HC achieves the lower end of its 2017 earnings guidance despite cost inflation and mixed market conditions

HeidelbergCement AG: HeidelbergCement extends RCF at low cost, a credit positive

HeidelbergCement achieves strong pricing on new RCF

HeidelbergCement AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot: HeidelbergCement AG - September 2017 (LTM) 21 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

HeidelbergCement AG: Key Facts and Statistics - 9M September 2017

CORPORATES ISSUER PROFILE 21 December 2017 TABLE OF CONTENTS Company overview 1 Business description 2 Management strategy 4 Financial highlights 6 Capital structure and debt maturity 8 Company management 9 Ownership structure 10 Peer group 10 Subsidiaries rated by Moody’s 11 Related websites and information

Sven Edelfelt

ODDO : Building industry in France: a challenging month of July

>Negative stock market impact - Data reflects a rise in the non-residential segment in July, but a decline in the residential segment. Whilst there was no doubt as to the slowdown in the residential segment, the fall in building permits in the non-residential segment over three months rolling is disappointing and could lead to a slowdown in 2019 if this trend is confirmed. Figures that nonetheless need to be confirmed as the Football World Cup probably had an impact o...

Sven Edelfelt

ODDO : Bâtiment France : un mois de juillet difficile

>Impact boursier négatif - Chiffres en progression en juillet dans le non résidentiel, mais recul dans le résidentiel. Si le ralentissement dans le résidentiel ne faisait pas de doute, le repli des permis de construire dans le non résidentiel sur 3 mois glissants est décevant et pourrait entrainer un ralentissement en 2019 si cette tendance devait être confirmée. Des chiffres à confirmer toutefois dans la mesure où la coupe du monde de football a certainement eu un im...

Jean-Christophe Dourret

HeidelbergCement : HeidelbergCement - 22 Aug 2018

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Jean-Christophe Dourret

HeidelbergCement : Heidelbergcement - 22 aout 2018

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Sven Edelfelt ...
  • Virginie Rousseau

HeidelbergCement : Return to better fortune on the cards in H2

>2018 guidance maintained - Our comments on the Q2 figures can be found in our Equity Flash published on 31 July (“Satisfactory FCF and guidance maintained”). Our takeaways from the conference call are given below. The group maintained its guidance for l-f-l EBITDA growth in the mid-to-high single digits, implying l-f-l EBITDA growth of approximately 12% in H2. This is challenging, but not impossible.End to production issues, good pricing momentum and qua...

1 director bought

A director at Heidelbergcement Ag bought 2,000 shares at 65.580EUR and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Manuel Martin
  • Olivier Lebrun
  • Sven Edelfelt
  • Thomas Effler
  • Vincent Maulay
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/30/2018

A number of recent indicators in France have disappointed and the upturn in Legrand’s activity there (16% of sales) has not been as robust as hoped, prompting concerns about underlying difficulties. But we think Legrand’s business in France is in line with market trends and, importantly, the group has found alternative sources of growth. We reiterate our Buy recommendation. Cf. report published today. - - ...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Manuel Martin
  • Olivier Lebrun
  • Sven Edelfelt
  • Thomas Effler
  • Vincent Maulay
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 30/08/2018

...

Ahmed Ben Salem ...
  • Alex Koagne
  • Alfred Glaser
  • Anis Zgaya
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Igor Kim, CFA
  • Jean Sassus
  • Louis Boujard, CFA
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Sven Edelfelt
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/01/2018

...

Ahmed Ben Salem ...
  • Alex Koagne
  • Alfred Glaser
  • Anis Zgaya
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Igor Kim, CFA
  • Jean Sassus
  • Louis Boujard, CFA
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Sven Edelfelt
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 01/08/2018

...

Alfred Glaser ...
  • Antoine Boivin-Champeaux
  • Benoit Valleaux
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • Jean Sassus
  • Jerôme Bodin
  • Olfa Taamallah
  • Olivier Lebrun
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/31/2018

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Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 10/05/2017

Item 5: Ernst & Young, Stuttgart, is proposed as auditor for the current financial year. Ratio of non-audit/audit fees was 67.39% during the year under review and 68.64% over a three-year aggregate period which exceeds our guidelines. Furthermore, we note that Ernst & Young has audited the Company since at least the financial year 2000 (no earlier data available) which exceeds our maximum acceptable term of office. We therefore recommend opposing the re-election of Ernst & Young as auditor​

Valérie GASTALDY

Short term view - HEIDELBERGCEMENT AG : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €64.70. The background trend would be questioned should prices rise above €74.50.

Valérie GASTALDY

Analyse court terme - HEIDELBERGCEMENT AG : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 64,70 €. La tendance de fond serait remise en cause en cas de franchissement de 74,50 €.

Jérôme VINERIER

Medium term view - HEIDELBERGCEMENT AG : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €65.12, then €57.40. Passing €84.30 would question the continuation of the fall.

Jérôme VINERIER

Analyse moyen terme - HEIDELBERGCEMENT AG : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 65,12 €, puis 57,40 €. Le franchissement de 84,30 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Analyse court terme - HEIDELBERGCEMENT AG : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 67,80 €. La tendance de fond serait remise en cause en cas de franchissement de 79,30 €.

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