Earnings Alerts

Heidelberg Materials (HEI) Earnings: 1Q Net Income Exceeds Projections Despite Revenue Drop

  • Net income for 1Q at 399 million rupees, beating the estimate of 370.7 million rupees. However, this is a 24% decline year-over-year (y/y).
  • Revenue reported at 5.32 billion rupees, falling short of the 5.65 billion rupees estimate and marking an 11% decrease y/y.
  • Total costs were 4.91 billion rupees, showing an 8.9% reduction y/y.
  • Other income stood at 121.3 million rupees, a 9.3% decline y/y.
  • Earnings before interest, taxes, depreciation, and amortization (Ebitda) were 780 million rupees, slightly above the 773.6 million rupees estimate but down 16% y/y.
  • The Ebitda margin reduced to 14.7% from 15.6% y/y.
  • Volume decreased by 6%, compared to an 8.2% increase y/y.
  • Current analyst recommendations: 1 buy, 5 holds, and 7 sells.

A look at Heidelberg Materials Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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 produces and markets building materials and solutions such as cement, aggregates, and ready-mixed concrete, has been evaluated using Smartkarma Smart Scores. With a strong overall outlook indicated by its scores, Heidelberg Materials is positioned well for the long term. It scores high in Value, Dividend, and Growth categories, pointing towards a company with a solid financial foundation, consistent dividend payments, and potential for future expansion.

Additionally, Heidelberg Materials displays excellent Momentum, reflecting positive market sentiment and strong price performance. Although its Resilience score is slightly lower, the company’s overall positive outlook, as indicated by the Smart Scores, suggests a promising future for Heidelberg Materials in the building materials industry.


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.
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