Heidelberg Materials AG - Earnings Release 2021

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Ad-hoc | 15 April 2021 21:44

HeidelbergCement AG: Preliminary results of HeidelbergCement in the first quarter of 2021 significantly above market expectations

HeidelbergCement AG / Key word(s): Interim Report/Quarter Results

HeidelbergCement AG: Preliminary results of HeidelbergCement in the first quarter of 2021 significantly above market expectations

15-Apr-2021 / 21:44 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Publication of insider information pursuant to

Article 17 of Regulation (EU) No. 596/2014

of HeidelbergCement AG

Preliminary results of HeidelbergCement in the first quarter of 2021 significantly above market expectations

In the course of preparing the quarterly statement for the first quarter of 2021 of HeidelbergCement AG, the preliminary Q1 financial figures deviate significantly from current capital market expectations. Capital market expectations are based on the average values of the latest consensus estimates of financial analysts, compiled by Vara Research on 14 April 2021.

Therefore, HeidelbergCement is already publishing the following preliminary key figures from the quarterly statement for the first quarter of 2021:

Preliminary revenue amounts to EUR 3,958 million (previous year: 3,930) in Q1 2021. The capital market expects EUR 3,873 million for this key figure.
The preliminary result from current operations before depreciation and amortisation (RCOBD) amounts to EUR 538 million (previous year: 405) in Q1 2021. The capital market expects EUR 436 million for this key figure.
The preliminary result from current operations (RCO) amounts to EUR 223 (previous year: 59) million in Q1 2021. The capital market expects EUR 92 million for this key figure.

The quarterly statement for the first quarter of 2021 will be published on 6 May 2021.

The terms ” result from current operations before depreciation and amortisation (RCOBD)” and “result from current operations (RCO)” are used as reported in the consolidated income statement of the Group.

Heidelberg, 15 April 2021

HeidelbergCement AG

The Managing Board

Contact:

HeidelbergCement AG

Group Communication & Investor Relation

Christoph Beumelburg

Tel.: +49 6221 481 13249

Fax: +49 6221 481 13217

[email protected]

Berliner Straße 6

69120 Heidelberg

Germany

15-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	HeidelbergCement AG
	Berliner Straße 6
	69120 Heidelberg
	Germany
Phone:	+49 (0)6221 481-0
Fax:	+49 (0)6221 481-13217
E-mail:	[email protected]
Internet:	www.heidelbergcement.com
ISIN:	DE0006047004
WKN:	604700
Indices:	DAX30
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Hamburg, Hanover, Tradegate Exchange
EQS News ID:	1185452