Put companies on watchlist
HeidelbergCement AG
ISIN: DE0006047004
WKN: 604700
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

HeidelbergCement AG · ISIN: DE0006047004 · EQS - adhoc news (5 News)
Country: Germany · Primary market: Germany · EQS NID: 1274821
31 January 2022 06:11PM

HeidelbergCement AG: HeidelbergCement publishes preliminary business figures for 2021 - Revenue and earnings growth above guidance and market expectations


DGAP-Ad-hoc: HeidelbergCement AG / Key word(s): Development of Sales/Annual Results
HeidelbergCement AG: HeidelbergCement publishes preliminary business figures for 2021 - Revenue and earnings growth above guidance and market expectations

31-Jan-2022 / 18:11 CET/CEST
Disclosure 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.


In the course of the preparation of the consolidated financial statements of HeidelbergCement AG for the financial year 2021, the revenue and results of the HeidelbergCement Group are in part significantly above the published forecast of the company and the current capital market expectations. The capital market expectations are based on the mean value of the latest consensus estimates of financial analysts, compiled by Vara Research on January 28, 2022.

Therefore, HeidelbergCement AG publishes already today the following preliminary key figures from the consolidated financial statements for the financial year 2021 and the fourth quarter of 2021, respectively:

- Preliminary revenue in the financial year 2021 is expected to be approximately EUR 18.7 billion (previous year: 17.6). This represents an increase of around 8% year-on-year on a like-for-like basis (before exchange rate and consolidation effects). The company expected a slight increase in revenue before exchange rate and consolidation effects in 2021.

- Preliminary revenue in the fourth quarter of 2021 is expected to be approximately EUR 4.7 (previous year: 4.5) billion. This corresponds to an increase of around 7% compared with the prior-year quarter on a like-for-like basis.

- Preliminary result from current operations before depreciation and amortization (RCOBD) in the financial year 2021 is expected to be EUR 3,875 million (previous year: 3,707). This corresponds to an increase of around 6% year-on-year on a like-for-like basis. The company expected a strong increase in RCOBD in 2021. The capital market expects EUR 3,826 million for this key figure.

- Preliminary result from current operations before depreciation and amortization (RCOBD) in the fourth quarter of 2021 is expected to be EUR 979 million (previous year: EUR 976 million), roughly in line with the prior-year quarter on a like-for-like basis. The capital market expects this figure to be EUR 930 million.

- The preliminary result from current operations (RCO) in the financial year 2021 is expected to be EUR 2,614 million (previous year: 2,363). This represents an increase of approximately 12% year-on-year on a like-for-like basis. The company expected a strong increase in RCO in 2021. The capital market expects EUR 2,509 million for this key figure.

- The preliminary result from current operations (RCO) in the fourth quarter of 2021 is expected to be EUR 661 million (previous year: 648). This corresponds to an increase of around 2% compared with the prior-year quarter on a like-for-like basis. The capital market expects this key figure to be EUR 556 million.

The full preliminary financial figures for the financial year 2021 will be published on February 24, 2022.

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, 31 January 2022

HeidelbergCement AG
The Managing Board




Contact:
HeidelbergCement AG
Group Communication & Investor Relation
Christoph Beumelburg
Tel.: +49 6221 481 13249
Fax: +49 6221 481 13217
ir-info@heidelbergcement.com

Berliner Straße 6
69120 Heidelberg
Germany

31-Jan-2022 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: info@heidelbergcement.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: 1274821

 
End of Announcement DGAP News Service

1274821  31-Jan-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1274821&application_name=news&site_id=boersengefluester_html
Visual performance / price development - HeidelbergCement AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.