Heidelberg Materials’ FY Results Forecast
- Profit from current operations worth between EU3 billion and EU3.3 billion, expected figure was EU3.12 billion.
- First Quarter Results
- Profit from current operations stood at EU232 million which is a drop of 10% compared to previous year.
- Operation EBITDA was EU542 million, a decrease of 2.7% from the previous year, beating the estimate of EU533 million.
- North America’s operating EBITDA came in at EU109 million, a striking growth of 43% y/y, well above the EU77 million estimate.
- Asia-Pacific’s operating EBITDA stood at EU130 million, a slight growth of 0.8% y/y, above the estimate of EU128.5 million.
- Total revenue for the quarter was EU4.49 billion, which was 8.3% lower y/y, missing the estimated EU4.74 billion.
- North America revenue hit EU977 million, recording a drop of 5.1% y/y, just short of the estimated EU987 million.
- Asia-Pacific revenue wound up at EU840 million, decreasing by 10% y/y, below the EU895 million estimate.
A look at Heidelberg Materials Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Heidelberg Materials AG, a company that focuses on producing and selling building materials and solutions, has been rated highly across various key factors by Smartkarma’s Smart Scores assessment. With solid scores in Value, Dividend, and Growth, as well as a strong Momentum score, Heidelberg Materials appears to have a positive long-term outlook. These scores suggest that the company is seen as having good value, growth potential, and dividend attractiveness, along with strong market momentum.
Although the Resilience score for Heidelberg Materials is slightly lower compared to the other factors, the overall high scores across the board indicate a promising future for the company. By maintaining its strengths in value, growth, dividend, and momentum, Heidelberg Materials may be well-positioned to capitalize on opportunities and navigate challenges in the building materials industry as it continues to serve customers globally with its cement, aggregates, and ready-mixed concrete solutions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
