HCMLY News and Press, LafargeHolcim ADR From 03/09/23

2023-03-09 15:19:01 ET Summary CRH is underfollowed, overlooked, and undervalued. Large infrastructure spending programs in the USA and Europe set the business up for a decade of solid earnings. The company has decided to migrate its primary listing from the UK to the USA. ...

Summary We provide a comps analysis between Holcim Ltd and HeidelbergCement AG. Holcim's multiple arbitrage opportunity is providing a clear upside. In Q4, Heidelberg delivered a solid set of numbers. The dividend was confirmed, and so we did our valuation. Last week, Heid...

Summary Two Barron’s Annual Roundtable, plus one Bloomberg Intelligence article published late January listed 99 stocks of-note for 2023; 78 of those were unduplicated US publicly-listed companies, of which 56 were paid dividends. Barron’s two roundtable discussions on Jan...

Summary The Irish building materials provider CRH plc saw a 9% rise in price after it released its 2022 results today. It continues to grow its sales and EBITDA, and its EPS has exceeded analysts' expectations, too. With a relatively reasonable P/E, CRH plc continues to look like a good...

Summary It was a record year for Holcim and we are even more positive for the future. Holcim is replicating its roofing strategy in the EU. New buyback, dividend up by 14%, and higher guidance. Our buy target is then confirmed. Holcim (HCMLF)(HCMLY) delivered another stron...

Holcim Ltd (HCMLF) Q4 2022 Earnings Conference Call February 14, 2023 5:00 AM ET Company Participants Jan Jenisch - CEO Géraldine Picaud - CFO Conference Call Participants Cedar Ekblom - Morgan Stanley Bernd Pomrehn - Vontobel Remo Rosenau - Helvet...

Summary CEMEX posted another mixed quarter, with a return to profit growth in Mexico, but weaker-than-expected EBITDA overall. Weaker volumes in 2023 don't surprise me, particularly given a weak U.S. housing outlook, but U.S. infrastructure projects and nearshoring in Mexico support a s...

Summary Two Barron’s Annual Roundtable, plus one Bloomberg Intelligence articles published late-January listed 99 intriguing stocks for 2023; 77 were unduplicated US publicly-listed companies, of which, 56 paid-dividends. Barron’s two roundtable discussions January 20 and ...

Summary Holcim, together with Vicat and other concrete/aggregate plays in Europe, are the main alternatives to the giant that is HeidelbergCement, now known as Heidelberg Materials. The company has a better (by that meaning more modern, less emerging-market focused) asset base but also ...

Summary The company's roofing division is too important to go unnoticed, with recurring EBIT margin at 20%. New orders are weakening; however, the company is able to achieve a positive pricing delta. We continue to see upside in our multiple arbitrage opportunity. We...