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HeidelbergCement AG (HEIG.DE)

HEIG.DE on Xetra

81.40EUR
20 Apr 2018
Change (% chg)

€-0.42 (-0.51%)
Prev Close
€81.82
Open
€81.64
Day's High
€82.04
Day's Low
€81.20
Volume
790,489
Avg. Vol
640,408
52-wk High
€96.16
52-wk Low
€76.94

Latest Key Developments (Source: Significant Developments)

HeidelbergCement Signs 5-Yr EUR 3 Bln Revolving Credit Facility
Monday, 15 Jan 2018 

Jan 15 (Reuters) - HeidelbergCement AG ::SIGNS NEW FIVE YEAR €3 BILLION REVOLVING CREDIT FACILITY.HEIDELBERGCEMENT - HAS SIGNED CREDIT FACILITY TO REFINANCE EXISTING CREDIT FACILITY, WHICH WOULD HAVE EXPIRED IN FEBRUARY 2019‍​.CREDIT MARGIN WAS REDUCED BY 20 BPS TO 35 BPS POINTS DEPENDING ON THE LEVERAGE.  Full Article

Cementir Holding Finalizes Sale Of 100 Pct Of Cementir Italia To Italcementi
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - CEMENTIR HOLDING SPA ::FINALIZES SALE OF 100 PERCENT OF CEMENTIR ITALIA TO ITALCEMENTI FOR ENTERPRISE VALUE OF EUR 315 MILLION.  Full Article

H+H Signs Agreement To Acquire Heidelbergcement's German, Swiss Calcium Silicate Unit Business
Friday, 15 Dec 2017 

Dec 14 (Reuters) - H+H International A/S ::REG-H+H SIGNS AGREEMENT TO ACQUIRE HEIDELBERGCEMENT’S GERMAN AND SWISS CALCIUM SILICATE UNIT BUSINESS.‍TRANSACTION IMPLIES AN ENTERPRISE VALUE OF DKK 818 MILLION​.‍PURCHASE PRICE WILL BE SETTLED IN CASH AT CLOSING​.‍TRANSACTION DOES NOT REQUIRE ANTITRUST APPROVALS; MINOR REGULATORY APPROVALS TO BE OBTAINED IN NEAR FUTURE​.‍PURCHASE PRICE WILL BE SETTLED IN CASH AT CLOSING​.‍H+H REITERATES ITS OUTLOOK FOR 2017​.‍DANSKE BANK A/S HAS COMMITTED TO FINANCE TRANSACTION​.- ‍TRANSACTION COSTS EXPECTED TO BE IN REGION OF DKK 25 MILLION OF WHICH ESTIMATED 30% DUE IN 2017 AND WILL BE TREATED AS SPECIAL ITEMS​.  Full Article

Forterra Says U.S. Court Granted Motion To Dismiss Relating To Lawsuit Filed By Affiliates Of Heidelbergcement A.G.
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Forterra Inc ::FORTERRA - ON DEC 8, U.S. COURT GRANTED MOTION TO DISMISS FILED BY CERTAIN AFFILIATES OF CO RELATING TO LAWSUIT FILED BY AFFILIATES OF HEIDELBERGCEMENT A.G..FORTERRA - COURT ALSO RULED THAT AFFILIATES OF HEIDELBERGCEMENT A.G.'S INDEMNIFICATION CLAIMS WERE BARRED DUE TO CONTRACTUAL STATUTE OF LIMITATIONS.FORTERRA-HEIDELBERGCEMENT A.G. LAWSUIT IS CONCERNING AN EARN-OUT CONTINGENCY AS PER DEAL GOVERNING 2015 ACQUISITION OF CERTAIN BUSINESSES FROM HEIDELBERG.FORTERRA-COURT RULED INDEPENDENT ACCOUNTING ARBITRATOR APPOINTED POST 2015 ACQUISITION DEAL HAS JURISDICTION OVER CALCULATION OF ADJUSTED EBITDA UNDER DEAL.  Full Article

Heidelbergcement signs agreement with EMBL on three-year collaboration
Monday, 20 Nov 2017 

Nov 20 (Reuters) - HEIDELBERGCEMENT AG ::SIGNED AGREEMENT WITH EMBL ON 3-YEAR COLLABORATION TO EXCHANGE SCIENTIFIC AND TECHNICAL KNOWLEDGE‍​.  Full Article

HeidelbergCement sells half of Georgian business
Friday, 10 Nov 2017 

Nov 10 (Reuters) - HeidelbergCement AG :Says ‍sells half of its Georgian business to Cement Invest​.Says ‍transaction will contribute in total about eur 115 million to future reduction of net debt of HeidelbergCement​.Says ‍disposal is part of our portfolio review​.  Full Article

HeidelbergCement had best-ever month for cement sales in Oct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Heidelbergcement :CEO says had best-ever month for cement sales in October, up 7.5 percent.Lifts job-cut target to 4,150, says 3,100 done, all restructuring costs booked.HeidelbergCement CEO says expects U.S. building materials market to grow by 3-4 percent in 2018.  Full Article

Heidelbergcement AG Q3 eps 2.42 euros
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Heidelbergcement Ag -:Q3 REVENUE UP BY 4% TO €4.6 BILLION ON A COMPARABLE BASIS‍​.QTRLY EPS SIGNIFICANTLY IMPROVED BY 38% TO 2.42 EUROS‍​.OUTLOOK FOR 2017 UNCHANGED.SIGNIFICANTLY IMPROVED FREE CASH FLOW OF THE PAST 12 MONTHS TO €1.2 BILLION‍​.REDUCING CASH-RELEVANT INVESTMENTS PLANNED FOR 2017 FROM €1.4 BILLION TO €1.2 BILLION.GROUP REVENUE ROSE BY 2% IN THE THIRD QUARTER TO 4.61 BILLION EUROS VERSUS PREVIOUS YEAR 4.52 BILLION EUROS.  Full Article

HeidelbergCement AG plans to dispose non-core assets to offset Cementir Italia purchase
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - HeidelbergCement AG :Says Cementir Italia purchase has no impact on 2017, 2018 net investments.Says intends to dispose non-core assets to offset acquisition.  Full Article

HeidelbergCement issues a EUR 500 mln Eurobond
Wednesday, 7 Jun 2017 

June 7 (Reuters) - HEIDELBERGCEMENT AG ::ISSUES A EUROBOND UNDER ITS €10 BILLION EMTN PROGRAMME WITH AN ISSUANCE VOLUME OF €500 MILLION AND A MATURITY DATE OF 14 JUNE 2027‍​.PROCEEDS OF THE TRANSACTION WILL BE USED FOR GENERAL CORPORATE PURPOSES AND THE REFINANCING OF UPCOMING MATURITIES.10 YEAR BOND BEARS A FIXED COUPON OF 1.500% P.A. THE ISSUE PRICE IS AT 98.891%, RESULTING IN A YIELD TO MATURITY OF 1.621%.  Full Article