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HeidelbergCement AG (HEI.VI)

Vienna - Vienna Delayed Price. Currency in EUR
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43.15+0.04 (+0.09%)
As of 09:05AM CEST. Market open.
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Chart Events
Neutralpattern detected
Previous Close43.11
Open43.15
Bid41.99 x 0
Ask42.24 x 0
Day's Range43.15 - 43.15
52 Week Range36.12 - 54.18
Volume10
Avg. Volume185
Market Cap8.649B
Beta (5Y Monthly)1.38
PE Ratio (TTM)4.84
EPS (TTM)8.91
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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      HeidelbergCement launches $579 savings programme after Q3 profit drop

      FRANKFURT (Reuters) -HeidelbergCement, the world's No. 2 cement maker, launched a fresh 500 million euro ($579 million) savings programme to battle cost inflation, after higher energy costs caused a 11% drop in core profit. "The general conditions in the third quarter were very challenging due to the exceptionally high year-on-year basis in the previous year and the significant increases in energy costs in recent months," Chief Executive Dominik von Achten said. He said that while the company, which competes with Holcim, remained optimistic for the fourth quarter, it has launched a programme to offset costs inflation by at least 500 million euros by the end of 2022.

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