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United Kingdom

HeidelbergCement AG (HEIG.DE)

HEIG.DE on Xetra

66.22EUR
4:35pm BST
Change (% chg)

€-1.66 (-2.45%)
Prev Close
€67.88
Open
€67.92
Day's High
€67.92
Day's Low
€66.00
Volume
1,149,902
Avg. Vol
760,308
52-wk High
€73.52
52-wk Low
€51.84

Latest Key Developments (Source: Significant Developments)

HeidelbergCement Reports Higher Volumes In July
Tuesday, 30 Jul 2019 

July 30 (Reuters) - HeidelbergCement AG CEO::JULY VOLUMES SLIGHTLY BETTER THAN IN JUNE.  Full Article

KHD Humboldt Wedag International: Unit Signs Contract In US
Friday, 26 Jul 2019 

July 29(Reuters) - KHD HUMBOLDT WEDAG INTERNATIONAL AG ::SAID ON FRIDAY UNIT HUMBOLDT WEDAG SIGNED CONTRACT WITH LEHIGH CEMENT COMPANY, SUBSIDIARY OF HEIDELBERGCEMENT GROUP.CONTRACT INCLUDES ENGINEERING, SUPPLY OF EQUIPMENT AND STEEL CONSTRUCTION AS WELL AS ADVISORY SERVICES FOR ASSEMBLY AND COMMISSIONING OF A CEMENT PLANT IN THE US.ORDER VOLUME OF MORE THAN EUR 100 MILLION.  Full Article

HeidelbergCement "Very Picky" On Acquisitions - CEO
Thursday, 21 Mar 2019 

March 21 (Reuters) - HeidelbergCement AG ::FINANCIAL EXPENSES WILL DECLINE DUE TO LOWER BOND YIELDS TO 250-300 MILLION EUR IN 2019.AIMS TO LOWER DEBT IN 2019 BY 700-750 MILLION EUR.WILL LOOK INTO ISSUE OF SHARE BUYBACKS MID-YEAR, WILL SEE IF WE HAVE CASH LEFT AFTER REDUCING DEBT.WE ARE VERY PICKY IN TERMS OF ACQUISITIONS.AFFIRMS PLAN TO REDUCE DEBT TO 7 BILLION EUR BY 2020.SEES SOLID Q1.  Full Article

Heidelbergcement Reduces Its Stake In Ciments Du Maroc
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - HeidelbergCement AG ::REDUCES ITS STAKE IN CIMENTS DU MAROC.ANNOUNCES THE SALE OF AROUND 1.1 MILLION SHARES REPRESENTING 7.8 PERCENT OF CIMENTS DU MAROC’S SHARE CAPITAL FOR AN AGGREGATE AMOUNT OF APPROXIMATELY 140 MILLION EUROS.SAYS SHARES WERE SOLD TO CERTAIN MOROCCAN INSTITUTIONAL INVESTORS.WILL RETAIN A CONTROLLING STAKE OF 54.6 PERCENT IN CIMENTS DU MAROC.  Full Article

Heidelbergcement: Chairman Of Managing Board Bernd Scheifele To Leave In February 2020
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - HEIDELBERGCEMENT AG ::BERND SCHEIFELE WILL LEAVE THE MANAGING BOARD IN FEBRUARY 2020 AFTER 15 YEARS AS CHAIRMAN..DOMINIK VON ACHTEN TO SUCCEED DR. BERND SCHEIFELE AS CHAIRMAN OF THE MANAGING BOARD IN 2020.LORENZ NÄGER TO REMAIN CHIEF FINANCIAL OFFICER UNTIL MAY 2022 AND TO BECOME DEPUTY CHAIRMAN OF THE MANAGING BOARD..  Full Article

HeidelbergCement Sees Some Tailwind From U.S. Mid-term Election Result-CEO
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - HeidelbergCement AG ::CEO SAYS COST SAVINGS WILL ALSO INCLUDE JOB CUTS, NO FURTHER DETAILS.CEO SAYS WILL NOT BE ABLE TO REACH ANNUAL EBITDA GROWTH TARGET OF 5 PERCENT, WILL HAVE TO ADJUST MID-TERM PLAN IN 2020.CEO SAYS WE TAKE A POSITIVE VIEW OF MID-TERM ELECTIONS IN THE UNITED STATES, EXPECT ADDITIONAL INFRASTRUCTURE PROJECTS TO BE REALISED.SAYS COULD REDUCE SHAREHOLDINGS IN EMERGING MARKETS, WHERE WE ARE INVESTED IN SOME LISTED COMPANIES.  Full Article

HeidelbergCement To Sell White Cement Plant In Egypt
Friday, 21 Sep 2018 

Sept 21 (Reuters) - HeidelbergCement AG ::TO SELL WHITE CEMENT PLANT IN EGYPT.DEAL IS VALUED AT AN EV/EBITDA MULTIPLE OF 10.9X.SUBSIDIARY HELWAN CEMENT HAS ENTERED INTO AN AGREEMENT WITH EMAAR INDUSTRIES TO SELL ITS WHITE CEMENT PLANT IN MINYA, EGYPT.  Full Article

Heidelbergcement Issues Eurobond
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - HeidelbergCement AG ::ISSUES A EUROBOND.ISSUANCE VOLUME OF €750 MILLION.PROCEEDS BE USED FOR GENERAL CORPORATE PURPOSES AND THE REFINANCING OF UPCOMING MATURITIES.4 YEAR BOND BEARS A FIXED COUPON OF 0.500% P.A..  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

UPDATE 1-Norway's CO2 seabed storage project gets boost from industry, EU

OSLO, Sept 5 Norway's Equinor signed preliminary agreements on Thursday with seven potential industrial customers for its project to develop carbon dioxide storage under the North Sea, a crucial step towards securing state funding.