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Hochtief AG (HOTG.DE)

HOTG.DE on Xetra

105.70EUR
16 Sep 2019
Change (% chg)

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€105.70
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121,380
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€144.70
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€93.75

Latest Key Developments (Source: Significant Developments)

CIMIC Group Says CPB Contractors Wins $463M Sydney Metro Station Project
12:16am BST 

Sept 17 (Reuters) - Cimic Group Ltd ::CPB CONTRACTORS WINS $463M SYDNEY METRO STATION PROJECT.NSW GOVERNMENT HAS AWARDED CONTRACT TO CPB CONTRACTORS TO BUILD NEW SYDNEY METRO CITY & SOUTHWEST PITT STREET STATION.CPB CONTRACTORS WILL ALSO WORK WITH OXFORD PROPERTIES GROUP FOR DESIGN AND CONSTRUCTION OF TWO HIGH-RISE BUILDINGS ABOVE STATION.  Full Article

Hochtief Places Corporate Bond For EUR 750 Million
Tuesday, 3 Sep 2019 

Sept 3 (Reuters) - Hochtief AG ::HOCHTIEF PLACES CORPORATE BOND FOR EUR 750 MILLION.FIRST TRANCHE AMOUNTING TO EUR 500 MILLION HAS AN 8-YEAR MATURITY AND A COUPON OF 0.5% P.A., PROVIDING A YIELD OF 0.596% TO INVESTORS AT THE TIME OF ISSUANCE.SECOND TRANCHE AMOUNTING TO EUR 250 MILLION HAS A 12-YEAR MATURITY AND A COUPON OF 1.25% P.A., PROVIDING A YIELD OF 1.287% TO INVESTORS AT THE TIME OF ISSUANCE.WITH THIS BOND ISSUANCE AT FAVORABLE TERMS, HOCHTIEF WAS ABLE TO ACHIEVE A SUBSTANTIAL EXTENSION OF ITS LONG-TERM DEBT MATURITY PROFILE.S&P HAS AWARDED THE BOND WITH A SOLID BBB INVESTMENT-GRADE RATING.ISSUANCE PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND THE REFINANCING OF THE EUR 750 MILLION BOND DUE IN MARCH 2020..  Full Article

CIMIC Group Says CPB Contractors Win $323M Western Sydney Airport Project
Monday, 2 Sep 2019 

Sept 2 (Reuters) - Cimic Group Ltd ::CPB CONTRACTORS WINS $323M WESTERN SYDNEY AIRPORT PROJECT.CONTRACT TO GENERATE REVENUE OF ABOUT $323 MILLION TO CPB CONTRACTORS..  Full Article

CIMIC Group Says CIMIC'S CPB Contractors Selected For $195M North East Link Early Works
Monday, 2 Sep 2019 

Sept 2 (Reuters) - Cimic Group Ltd ::CIMIC'S CPB CONTRACTORS SELECTED FOR $195M NORTH EAST LINK EARLY WORKS.CONTRACT WILL GENERATE REVENUE TO CPB CONTRACTORS OF UP TO APPROXIMATELY $195 MILLION..CONSTRUCTION ON EARLY WORKS PACKAGE IS SCHEDULED TO START IN 2020, SUBJECT TO PLANNING APPROVAL, AND IS SET TO BE COMPLETED IN 2021.  Full Article

Cimic Group Ltd Says CPB Contractors Secures $379 Mln Nepean Hospital Redevelopment
Monday, 19 Aug 2019 

Aug 20 (Reuters) - Cimic Group Ltd ::CPB CONTRACTORS WINS $379M NEPEAN HOSPITAL REDEVELOPMENT.NSW GOVERNMENT FUNDED PROJECT WILL GENERATE REVENUE OF APPROXIMATELY $379 MILLION TO CPB CONTRACTORS.  Full Article

Hochtief Secures Contract For R2 Highway In Slovakia
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - HOCHTIEF AG ::SECURES CONTRACT FOR THE R2 HIGHWAY IN SLOVAKIA.JOINT VENTURE CONTRACT VOLUME APPROXIMATELY EUR 130 MILLION.HIGHWAY SECTION IS PLANNED TO BE OPENED IN 2021.  Full Article

CIMIC Group Says UGL Secures $260M In New Rail And Mining Services Contracts
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - CIMIC Group Ltd ::UGL AWARDED NEW RAIL AND MINING SERVICES CONTRACTS ACROSS AUSTRALIA, GENERATING COMBINED REVENUES OF ABOUT $260 MILLION.  Full Article

Spain's ACS says pondering increase of its stake in Hochtief
Monday, 29 Jul 2019 

July 29 (Reuters) - Spain's ACS Actividades de Construccion y Servicios SA ::ACS CORPORATE GENERAL MANAGER SAYS COMPANY IS IN THE DUAL-TRACK PROCESS OF SELLING PRIVATELY OR MAKING IPO FOR ITS RENEWABLE DIVISION ZERO-E.ACS CEO SAYS INCREASING ITS STAKE IN HOCHTIEF "OF COURSE IS ONE OPTION AND OF COURSE IT IS AN OPTION THAT WE ARE ANALYSING".  Full Article

Cimic Group's UGL Secures A 5-Year Extension To Contract With Sydney Trains
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Cimic Group Ltd ::UGL SECURED A FIVE-YEAR EXTENSION TO ITS CONTRACT WITH SYDNEY TRAINS.SEES CONTRACT EXTENSION TO GENERATE REVENUE OF ABOUT $630 MILLION TO UGL.  Full Article

Cimic Group Says Pacific Partnerships, CPB Contractors, & UGL Finalise Cross River Rail PPP Package
Monday, 1 Jul 2019 

July 1 (Reuters) - Cimic Group Ltd ::CIMIC GROUP COMPANIES FINALISE CROSS RIVER RAIL PUBLIC PRIVATE PARTNERSHIP PACKAGE.STATE GOVERNMENT TO PROVIDE $5.4 BILLION CAPITAL CONTRIBUTION FOR CONSTRUCTION; REVENUE TO CIMIC GROUP IS ABOUT $2.73 BILLION..PACIFIC PARTNERSHIPS, CPB CONTRACTORS, & UGL, AS PART OF PULSE CONSORTIUM, HAVE REACHED CONTRACTUAL CLOSE WITH STATE OF QUEENSLAND.UNDER CONTRACT, CONSORTIUM TO DELIVER TUNNEL, STATIONS AND DEVELOPMENT PPP PACKAGE OF BRISBANE'S CROSS RIVER RAIL PROJECT.CPB CONTRACTORS & UGL HAVE ALSO BEEN CHOSEN BY QUEENSLAND GOVERNMENT AS PREFERRED CONTRACTORS TO DELIVER RIS PACKAGE OF CROSS RIVER RAIL PROJECT.  Full Article

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Germany's booming construction sector lifts sales forecast

BERLIN Germany's construction sector on Tuesday raised its outlook and now sees revenue growth of almost 9% in 2019, in a sign that the boom continues for one of the remaining growth drivers in Europe's biggest economy's as its manufacturing falters.