Heidelberg Materials AG (MIL:1HEI)
€ 102.7 0 (0%) Market Cap: 19.05 Bil Enterprise Value: 25.88 Bil PE Ratio: 10.51 PB Ratio: 1.06 GF Score: 81/100

Q1 2019 HeidelbergCement AG Earnings Call Transcript

May 09, 2019 / 02:00PM GMT
Release Date Price: €69.8 (-0.77%)
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to interim financial report January to March 2019 conference call. (Operator Instructions)

I must advise you that this conference is being recorded today, Thursday, 9th of May 2019.

I would like to hand the conference over to your first speaker today, Dr. Bernd Scheifele. Please go ahead, sir.

Bernd Scheifele
HeidelbergCement AG - Chairman of Managing Board & CEO

Okay. Good afternoon or good evening or good morning to everybody from Heidelberg. Thanks a lot for joining us for our Q1 call, which I will present to you the figures together with Dr. Näger and our Investor Relations team with Andreas Schaller and Mr. Kacar.

I think you have seen our numbers. I think we have finally delivered a very reassuring Q1 result. I would say this is maybe one of the rare Q1 results in which, well, more or less all financial metrics have moved in the right directions.

Sales are up 15%. So we are growing strongly. EBITDA up, it's 26%. Pricing is strong, is

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