|Bid||73.82 x 50800|
|Ask||73.84 x 17900|
|Day's range||73.22 - 74.40|
|52-week range||37.96 - 78.96|
|Beta (5Y monthly)||1.51|
|PE ratio (TTM)||N/A|
|Earnings date||29 Jul 2021|
|Forward dividend & yield||2.20 (2.90%)|
|Ex-dividend date||07 May 2021|
|1y target est||N/A|
FRANKFURT (Reuters) -HeidelbergCement, the world's second-largest cement maker, on Wednesday kept its outlook for slightly higher sales and core profit in 2021, supported by stimulus programmes around the world it says will boost construction activity. "The very good first quarter confirms our optimistic outlook for 2021," Chief Executive Dominik von Achten said. "We expect continued strong demand in private residential construction and infrastructure in all regions."
HeidelbergCement AG / Key word(s): Interim Report/Quarter ResultsHeidelbergCement AG: Preliminary results of HeidelbergCement in the first quarter of 2021 significantly above market expectations15-Apr-2021 / 21:44 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Publication of insider information pursuant toArticle 17 of Regulation (EU) No. 596/2014of HeidelbergCement AGPreliminary results of HeidelbergCement in the first quarter of 2021 significantly above market expectationsIn the course of preparing the quarterly statement for the first quarter of 2021 of HeidelbergCement AG, the preliminary Q1 financial figures deviate significantly from current capital market expectations. Capital market expectations are based on the average values of the latest consensus estimates of financial analysts, compiled by Vara Research on 14 April 2021.Therefore, HeidelbergCement is already publishing the following preliminary key figures from the quarterly statement for the first quarter of 2021: Preliminary revenue amounts to EUR 3,958 million (previous year: 3,930) in Q1 2021. The capital market expects EUR 3,873 million for this key figure. The preliminary result from current operations before depreciation and amortisation (RCOBD) amounts to EUR 538 million (previous year: 405) in Q1 2021. The capital market expects EUR 436 million for this key figure. The preliminary result from current operations (RCO) amounts to EUR 223 (previous year: 59) million in Q1 2021. The capital market expects EUR 92 million for this key figure.The quarterly statement for the first quarter of 2021 will be published on 6 May 2021.The terms " result from current operations before depreciation and amortisation (RCOBD)" and "result from current operations (RCO)" are used as reported in the consolidated income statement of the Group.Heidelberg, 15 April 2021HeidelbergCement AGThe Managing BoardContact:HeidelbergCement AGGroup Communication & Investor RelationChristoph BeumelburgTel.: +49 6221 481 13249Fax: +49 6221 481 firstname.lastname@example.orgBerliner Straße 669120 HeidelbergGermany15-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: HeidelbergCement AG Berliner Straße 6 69120 Heidelberg Germany Phone: +49 (0)6221 481-0 Fax: +49 (0)6221 481-13217 E-mail: email@example.com Internet: www.heidelbergcement.com ISIN: DE0006047004 WKN: 604700 Indices: DAX30 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Hamburg, Hanover, Tradegate Exchange EQS News ID: 1185452 End of Announcement DGAP News Service
HeidelbergCement, the world's second-largest cement maker, expects sales and core profit to slightly rise this year on the back of infrastructure programmes launched around the world, it said on Thursday. "The good start to the year confirms our optimistic outlook for 2021," Chief Executive Dominik von Achten said, echoing comments by larger rival LafargeHolcim which said last month that COVID-19 stimulus packages would boost construction. HeidelbergCement, which released preliminary results in February, proposed a dividend of 2.20 euros ($2.63) per share for 2020, up from 0.60 euros for 2019 which was impacted by the coronavirus crisis.