Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. HOCHTIEF AG
  6. News
  7. Summary
    HOT   DE0006070006

HOCHTIEF AG

(HOT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

HOCHTIEF : CIMIC's UGL secures $135m in resources, utilities contracts

10/11/2021 | 04:52am EST

11 OCTOBER 2021 CIMIC'S UGL SECURES $135M IN RESOURCES, UTILITIES CONTRACTS

CIMIC Group's UGL has been awarded contracts in the resources and utilities sectors with a total revenue of $135 million.

UGL will:

  • provide maintenance, projects and turnaround services for existing client, Viva Energy, in Victoria over a two-year period; and
  • design and construct two greenfield switching stations and construct approximately 65 kilometres of 330kV transmission line over 18 months for Powerlink, to connect the MacIntyre Precinct in South West Queensland to the transmission network.

CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: "UGL has a national presence providing specialised engineering expertise to clients in the resources and utilities space. We're pleased to again work with Viva Energy and Powerlink to support critical infrastructure for communities around the country."

UGL Managing Director Doug Moss said: "UGL has a strong reputation in the resources and utilities industries, and these contract awards demonstrate our relationship with existing clients and the faith they put in us to deliver safe, quality and reliable outcomes for their businesses."

Both contracts are effective from October 2021.

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982 www.cimic.com.au Authorised by the CIMIC Group Continuous Disclosure Committee

Contacts

Mr Justin Grogan, Investor Relations T+61 2 9925 6628

Ms Fiona Tyndall, Communications T+61 2 9925 6188

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction businesses CPB Contractors, Leighton Asia and Broad, our mining and mineral processing companies Thiess (joint control) and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships - all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 31,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.

Disclaimer

Hochtief AG published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 08:51:08 UTC.


© Publicnow 2021
All news about HOCHTIEF AG
12/03HOCHTIEF : CIMIC's CPB awarded road projects in South Australia
PU
11/30NASA resets spacewalk after ruling out immediate threat from orbital debris
RE
11/30Citing debris risk, NASA delays spacewalk to fix space station antenna
RE
11/30Two NASA astronauts set for spacewalk to replace faulty space station antenna
RE
11/23HOCHTIEF AG : NorldLB sticks Neutral
MD
11/22HOCHTIEF : Disclosure in accordance with Art 5 (1) b) and (3) of Regulation (EC) 596/2014 ..
PU
11/22HOCHTIEF AKTIENGESELLSCHAFT : Release of a capital market information
EQ
11/15HOCHTIEF : Disclosure in accordance with Art 5 (1) b) and (3) of Regulation (EC) 596/2014 ..
PU
11/15HOCHTIEF AKTIENGESELLSCHAFT : Release of a capital market information
EQ
11/15HOCHTIEF : listed in Dow Jones Sustainability Index for the 16th year in a row
PU
More news
Analyst Recommendations on HOCHTIEF AG
More recommendations
Financials
Sales 2021 21 171 M 23 950 M 23 950 M
Net income 2021 380 M 429 M 429 M
Net cash 2021 643 M 727 M 727 M
P/E ratio 2021 12,5x
Yield 2021 5,50%
Capitalization 4 578 M 5 167 M 5 179 M
EV / Sales 2021 0,19x
EV / Sales 2022 0,16x
Nbr of Employees 33 555
Free-Float 30,2%
Chart HOCHTIEF AG
Duration : Period :
HOCHTIEF AG Technical Analysis Chart | HOT | DE0006070006 | MarketScreener
Technical analysis trends HOCHTIEF AG
Short TermMid-TermLong Term
TrendsBearishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 67,18 €
Average target price 84,93 €
Spread / Average Target 26,4%
EPS Revisions
Managers and Directors
Marcelino Fernández Verdes Chairman-Executive Board
Peter-Wilhelm Sassenfeld Chief Financial Officer
Pedro José López Jiménez Chairman-Supervisory Board
José Ignacio Legorburo Chief Operating Officer
Georg von Bronk Chief Compliance Officer & Head-Governance
Sector and Competitors
1st jan.Capi. (M$)
HOCHTIEF AG-14.72%5 167
VINCI6.61%54 853
LARSEN & TOUBRO LIMITED39.94%33 638
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-3.82%31 446
FERROVIAL, S.A.12.39%21 144
CHINA RAILWAY GROUP LIMITED6.07%19 958