Robust start to financial year 2026

Heidelberg Materials began financial year 2026 with a robust performance despite geopolitical tensions and adverse weather conditions across core markets. Revenue declined by 4% to €4,536 million, while the result from current operations (RCO) fell by €72 million to €163 million compared to the prior year. The company attributed resilience to cost discipline and price adjustments, partially offsetting lower volumes. The Transformation Accelerator Initiative, launched in 2024, contributed €405 million in savings and targets at least €500 million by year-end 2026.

The company maintained growth through acquisitions, including the Maas Group in Australia and a majority stake in Akçansa in Turkey. In France, Heidelberg Materials inaugurated a new kiln line at its Airvault plant, enhancing operational efficiency and decarbonisation. Portfolio optimisation continued with the planned closure of the Paderborn cement plant and a shift in Sweden from Skövde to Slite for clinker production starting in 2027. Demand recovery is anticipated in core markets during the second quarter.

Heidelberg Materials confirmed its financial outlook for 2026, projecting RCO between €3.40 billion and €3.75 billion and ROIC above 10%. The company expects rising energy costs due to Middle East tensions but plans to offset these through surcharges and price adjustments. Strict cost management remains a priority. Specific net Scope 1 CO₂ emissions are forecast to decline slightly from 2025 levels.

Shareholder returns were highlighted with a 9% dividend increase to €3.60 per share and the continuation of a €1.2 billion share buyback programme. The third tranche of the buyback, valued at around €400 million, began in Q2 2026. The company’s Quarterly Statement for Q1 2026, detailing financial figures, is available under Reports and presentations.