Heidelberg Materials Reports Third Quarter 2025 Financial Results
2025-11-08 14:28
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Wedoany.com Report-Nov. 8, Heidelberg Materials reported continued growth in the third quarter of 2025 and confirmed a positive outlook for the full year. Revenue increased slightly by €51 million to €5,807 million, up from €5,756 million in the same period last year. The result from current operations (RCO) rose by €54 million, or 5%, to €1,179 million, while the operating margin improved to 25.9% from 25.2%.

Dr Dominik von Achten, Chairman of the Managing Board, said: “We continued our growth trajectory in the third quarter of 2025, despite ongoing political and economic uncertainties. Our uncompromising focus on active price and cost management in all Group areas contributed significantly to improving our result and further expanding our profitability in the third quarter. Our Transformation Accelerator initiative played a key role in enhancing our margins through substantial savings. We remain confident about the year as a whole. Based on the business development to date, we confirm our positive outlook for 2025.”

The Transformation Accelerator initiative, launched in November 2024, is progressing as planned. It focuses on optimising the production network, improving cross-functional efficiency, and implementing technical initiatives globally. The programme has already contributed significant savings in the first nine months of 2025 and is expected to achieve at least €500 million in annual savings by the end of 2026.

Heidelberg Materials is also advancing decarbonisation efforts. Deliveries of evoZero®, the world’s first carbon-captured near-zero cement, have begun across Europe. Customers include Skanska, which will use evoZero in the construction of the new Skøyen metro station in Oslo, Norway, and the German project DREIHAUS, which is building three 3D-printed houses in Heidelberg using sustainable evoBuild® products.

In September 2025, the company reached a funding agreement with the UK government for the Padeswood carbon capture facility, scheduled to begin construction within the current financial year. The plant is expected to capture around 800,000 tpy of CO2 and be operational by 2029. Along with the Brevik CCS facility opened in June 2025, Padeswood CCS will support large-scale production of evoZero.

Heidelberg Materials has also secured four additional EU Innovation Fund grants for pioneering carbon capture, utilisation, and storage projects in Belgium, France, Italy, and Poland. These projects will deploy innovative near-zero technologies, reinforcing the company’s role as a leader in sustainable construction materials.

The company maintains a focus on shareholder returns. The second tranche of its €1.2 billion share buyback programme, valued at up to €450 million, is scheduled to close later this year, with €364 million already acquired as of 31 October 2025.

For the full year, Heidelberg Materials confirms an RCO between €3.30 billion and €3.50 billion, with ROIC expected to remain around 10%. Specific net CO2 emissions per ton of cementitious material are expected to decline slightly compared with 2024, reflecting continued progress in the company’s sustainability initiatives.

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