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HeidelbergCement AG (HEIG.DE)

HEIG.DE on Xetra

68.28EUR
17 Jul 2019
Change (% chg)

€-0.10 (-0.15%)
Prev Close
€68.38
Open
€68.30
Day's High
€69.18
Day's Low
€68.10
Volume
593,986
Avg. Vol
795,592
52-wk High
€74.14
52-wk Low
€51.84

Latest Key Developments (Source: Significant Developments)

Heidelbergcement's Subsidiary Italcementi Signs Contracts With Buzzi Unicem And Colacem
Monday, 8 Apr 2019 

April 8 (Reuters) - HEIDELBERGCEMENT AG ::HEIDELBERGCEMENT’S SUBSIDIARY ITALCEMENTI HAS SIGNED CONTRACTS WITH BUZZI UNICEM AND COLACEM.CONTRACTS ABOUT THE DISPOSALS OF CEMENT PLANTS IN THE NORTHERN AND CENTRAL REGION OF ITALY.INVOLVED PARTIES AGREED NOT TO DISCLOSE DETAILS OF THE TRANSACTIONS FOR THE TIME BEING.WE ARE WELL ON OUR WAY TO REACH OUR TARGET OF €1.5 BILLION OF DISPOSALS BY THE END OF 2020 - CHAIRMAN OF MANAGING BOARD OF HEIDELBERGCEMENT.  Full Article

HeidelbergCement Sees For 2018 To Realise About EUR 500 Mln In Disposal Proceeds
Monday, 14 Jan 2019 

Jan 14 (Reuters) - HeidelbergCement AG ::DIVESTMENTS WILL HAVE A SLIGHTLY POSITIVE EFFECT ON OPERATING EBITDA IN 2019 COMPARED WITH 2018.FOR 2018 SEES TO REALISE ABOUT €500 MILLION IN DISPOSAL PROCEEDS.SAYS WELL ON WAY TO REACH TARGET OF €1.5 BILLION IN DISPOSAL PROCEEDS BY THE END OF 2020.  Full Article

Heidelbergcement AG Says To Sell Stake In Lehigh White Cement Company In The USA‍​
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - HeidelbergCement AG ::SAYS TO SELL STAKE IN LEHIGH WHITE CEMENT COMPANY IN THE USA‍​.SAYS THE ENTERPRISE VALUE OF THE TRANSACTION AMOUNTS TO ABOUT USD 140 MILLION.SAYS DISPOSAL IS PART OF OUR GLOBAL PORTFOLIO REVIEW.CLOSING OF THE TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS AND IS EXPECTED DURING THE FIRST QUARTER 2018.51 PERCENT STAKE BEING SOLD TO THE MINORITY SHAREHOLDERS AALBORG CEMENT COMPANY, INC. AND CEMEX, INC.  Full Article

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

Egypt's Tourah Cement stops production due to oversupply

CAIRO, June 17 Egyptian cement maker Tourah Cement, a subsidiary of Germany's HeidelbergCement , says it has suspended production because of financial distress caused by oversupply in the Egyptian market and is considering liquidation.