Heidelberg Materials with strong growth trajectory in the second quarter
Heidelberg Materials reported a 6% revenue increase to €6,044 million in Q2 2026, driven by demand recovery and strategic acquisitions in North America and Turkey. The company also advanced sustainability projects, including a new kiln line in France reducing CO₂ emissions by nearly 30%.
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Heidelberg Materials reported a 6% year-over-year revenue increase to €6,044 million in the second quarter of 2026, reaching €6,044 million from €5,683 million in the same period of 2025. The result from current operations rose by 4% to €1,086 million, while adjusted earnings per share increased to €4.47. Chairman Dr Dominik von Achten attributed the performance to recovering demand in core markets and strategic acquisitions, though the RCOBD margin slightly declined to 23.4% from 24.2%.
The company completed three significant transactions in 2026. On 1 April, it acquired BURNCO Rock Products Ltd in Canada, gaining six aggregates sites, two asphalt plants, and concrete facilities. On 19 May, Heidelberg Materials North America acquired a 10% stake in AmeriTex Holding LLC, with long-term supply agreements to support growth. On 18 June, it increased its stake in Turkish producer Akçansa to 79.44%, strengthening its position in the Mediterranean region. Additionally, the sale of Bukhtarma Cement Company LLP in Kazakhstan was finalized on 8 July as part of portfolio optimization.
Sustainability initiatives progressed, with revenue from sustainable products reaching 38% in the first half of 2026. Specific net CO₂ emissions remained stable at 510 kg per tonne of cementitious material. A new €1.25 million-tonne-per-year kiln line at the Airvault cement plant in France reduced emissions by nearly 30%. The Padeswood carbon capture facility in the UK, using evoZero® cement, is on track, with partners applying the material in innovative construction projects, including a 3D-printed supermarket in Germany.
Heidelberg Materials updated its financial outlook for 2026, projecting RCO between €3.40 billion and €3.65 billion, down from the previous range of €3.40 billion to €3.75 billion. The company expects ROIC to remain slightly above 10% and net CO₂ emissions per tonne to align with 2025 levels. The Transformation Accelerator Initiative has generated €440 million in savings and aims to exceed €500 million by year-end. The third tranche of a €1.2 billion share buyback program, valued up to €450 million, is set to conclude by 15 December 2026.