Obbligazioni societarie Obbligazioni HeidelbergCement AG

[troppidebiti]

nessuno segue più questa azienda?

 

[troppidebiti]

dddd

 

[Imark]

nessuno segue più questa azienda?

L'ultima trimestrale ha visto crescere la perdita dichiarata rispetto al corrispondente Q1/2009... la vicenda del debito non la seguo più tanto da vicino, ma rammento che alla fine erano riusciti a spostare di qualche anno più in là il grosso delle scadenze rifinanziandosi sul mercato con i bond emessi nello scorso anno...

PS: il business è molto ciclico, risentirà negativamente di un eventuale rallentamento della congiuntura... anche se beneficia di una buona esposizione ai paesi emergenti...

DJ HeidelbergCement Loss Widens, Misses Expectations
06.05.10

FRANKFURT -- German cement maker HeidelbergCement AG (HEI.XE) Thursday
reported a wider net loss, which missed expectations, due to the prolonged
winter weather in Europe and the U.S., but said it expects positive trends in
Asia-Pacific and Africa-Mediterranean regions to continue in the second
quarter.

HeidelbergCement said its net loss in the January to March period widened to
EUR199 million from a EUR63 million loss a year earlier, missing a EUR161
million loss estimate in a Dow Jones Newswires poll of 12 analysts. The company
notes minority interests rose EUR20 million due to an improvement in results at
Indocement, even though it reduced its stake in the Indonesian cement maker to
just over 50% from about 65%.

"We consistently continued the strict cost management in the first quarter and
were able to compensate most of the negative effects of the weak demand in
North America and Europe on our operating income," Chief Executive Officer
Bernd Scheifele said in a statement. "Our "FitnessPlus 2010" program is on
track and we already recognized additional savings of EUR63 million in the
first quarter," he said.

A trader said the figures "are a mixed bag, but people shouldn't put too much
emphasis on the bad first quarter as the second quarter is likely to yield
better figures."

The Heidelberg, Germany-based company said its first-quarter loss before
interest and tax was EUR35 million, following a profit of EUR8 million a year
earlier.

In Asia-Pacific, HeidelbergCement recorded double-digit revenue gains and in
the Africa-Mediterranean region, sales reached last year's level. Total sales
for the first quarter fell 7.6% to EUR2.18 billion due to weaker demand in
Europe, Central Asia and North America. The company noted that at the end of
the cold period in March, demand for building products increased significantly.


Construction and building materials companies have been hit hard by the
economic downturn that caused a sharp contraction in construction activity
around the world. To help weather this downturn, the company has a cost-cutting
program dubbed "FitnessPlus 2010" in place. It aims to save around EUR300
million this year after saving EUR550 million in 2009 through a similar
program.

The cement maker has around 53,000 employees in over 40 countries.

HeidelbergCement is a candidate to replace steel maker Salzgitter AG (SZG.XE)
in Germany's blue-chip DAX index in June.

HeidelbergCement shares have fallen by about 4% in value since the start of
2010 and closed Wednesday at EUR43.86, underperforming the German mid-cap index
MDAX, which has climbed 14% over the same period.

 

[Non registrato]

New Issue- HeidelbergCement prices 500 mln euro 2021 bond

Dec 3(Reuters) -Following are terms and conditions

of a bond priced on Tuesday.


Borrower HeidelbergCement Finance Luxembourg S.A.

Guarantor HeidelbergCement AG

and Hanson Limited

Issue Amount 500 million euro

Maturity Date October 21, 2021

Coupon 3.25 pct

Issue price 99.337

Reoffer price 99.337

Yield 3.375 pct

Spread 207.3 basis points

Underlying govt bond Over the 2.25 pct DBR

Payment Date December 12, 2013

Lead Manager(s) Danske, Deutsche Bank, ING & Nordea

Ratings Ba1 (Moody's) & BB+ (Fitch)

Listing Lux

Denoms (K) 1

Notes Launched under issuer's EMTN programme

ISIN XS1002933072

Obbligazioni HeidelbergCement per tagli da 1.000 euro. Adatte per il trading