Financial

Analysts: Heidelberg Q4 revenues to decrease 14%

14 December, 2020

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Company expected to be hard hit by flagging cement demand, currency fluctuations. [$]

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HeidelbergCement AG has completed the past year, with sales and earnings decline. Die Wirtschafts- und Finanzkrise und die daraus folgende wegbrechende Nachfrage nach Baustoffen haben das Geschäft stark belastet. The economic and financial crisis and the consequent flagging demand for building materials weighed heavily on the business. Zusätzlich wirkten sich ungünstige Währungseffekte negativ aus. In addition, unfavorable currency effects had a negative impact.

In the final quarter, revenue from the building materials manufacturer should be further decreased by 14%, estimated by Dow Jones Newswires Analysts surveyed. Neben der anhaltend schwachen Zementnachfrage dürfte sich schlechtes Wetter ungünstig ausgewirkt haben. In addition to the ongoing weak demand for cement is expected to have a negative impact of bad weather. Dagegen hätten die weltweiten Stimulusprogramme nur einen geringen positiven Effekt, schätzen die Analysten von UniCredit. By contrast, the global stimulus programs only a small positive effect, estimate analysts from UniCredit. Als Wachstumsmotor stufen sie weiterhin die Region Asien-Australien-Pazifik ein. As an engine of growth, they continue to rate the Asia-Australia-Pacific.

Das Unternehmen fährt einen strikten Sparkurs, um den Einfluss der Krise auf das Ergebnis abzumildern. The company runs a strict austerity measures to mitigate the impact of the crisis on earnings. Dieses wird unter Vorjahresniveau erwartet. This is expected by years level. 2008 profitierte HeidelbergCement zudem noch durch einen Buchgewinn aus dem Verkauf der maxit-Gruppe. 2008 HeidelbergCement also benefited more by a book gain from the sale of maxit Group. HeidelbergCement wird die vorläufigen Zahlen am Mittwoch vorlegen. HeidelbergCement will present the preliminary figures on Wednesday.  Finanzen

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