Heidelberg Materials AG
XMUN:HEI
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
H
|
Heidelberg Materials AG
XMUN:HEI
|
DE |
|
B
|
Boeing Co
XETRA:BCO
|
US |
|
Industria de Diseno Textil SA
LSE:0QWI
|
ES |
|
U
|
United Airlines Holdings Inc
LSE:0LIU
|
US |
|
T
|
Trade Desk Inc
F:TT8
|
US |
|
S
|
Sofina SA
XBER:8FS
|
BE |
|
BHP Group Ltd
ASX:BHP
|
AU |
|
E
|
Eli Lilly and Co
SIX:LLY
|
US |
|
N
|
Neste Oyj
DUS:NEF
|
FI |
|
Sappi Ltd
F:SPI
|
ZA |
|
H
|
Hongkong Land Holdings Ltd
OTC:HKHGF
|
BM |
|
C
|
Comcast Corp
SWB:CTP2
|
US |
|
I
|
International Consolidated Airlines Group SA
XMUN:INR
|
UK |
|
R
|
Roper Technologies Inc
F:ROP
|
US |
|
H
|
Howmet Aerospace Inc
F:48Z
|
US |
|
C
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
CA |
|
A
|
Allstate Corp
XETRA:ALS
|
US |
|
MERLIN Properties SOCIMI SA
MAD:MRL
|
ES |
|
D
|
Danone SA
BMV:BNN
|
FR |
|
W
|
Wells Fargo & Co
XHAM:NWT
|
US |
|
H
|
HeidelbergCement AG
OTC:HLBZF
|
DE |
|
C
|
Conocophillips
SWB:YCP
|
US |
|
Trade Desk Inc
LSE:0LF5
|
US |
|
Schibsted ASA
OTC:SBBTF
|
NO |
Heidelberg Materials AG
Heidelberg Materials AG makes the core materials used in construction. Its main products are cement, ready-mixed concrete, aggregates like sand and gravel, and asphalt. These materials go into roads, bridges, homes, commercial buildings, and public infrastructure, so the company sits near the start of the construction supply chain. The company sells mostly to builders, contractors, infrastructure developers, and industrial customers that need large, steady volumes of heavy building materials. It makes money by producing these materials in plants and quarries, then selling them through a network of local facilities that serve nearby construction markets. Because these products are bulky and expensive to ship long distances, the business depends on owning production sites close to customers. What makes Heidelberg Materials different is its role as a basic supplier rather than a finished-goods manufacturer. It does not sell a branded end product to consumers; it sells the physical inputs that other companies use to build things. That gives it a business tied to construction activity, public works, and maintenance spending, with demand driven by long-lived infrastructure and building needs.
Heidelberg Materials AG makes the core materials used in construction. Its main products are cement, ready-mixed concrete, aggregates like sand and gravel, and asphalt. These materials go into roads, bridges, homes, commercial buildings, and public infrastructure, so the company sits near the start of the construction supply chain.
The company sells mostly to builders, contractors, infrastructure developers, and industrial customers that need large, steady volumes of heavy building materials. It makes money by producing these materials in plants and quarries, then selling them through a network of local facilities that serve nearby construction markets. Because these products are bulky and expensive to ship long distances, the business depends on owning production sites close to customers.
What makes Heidelberg Materials different is its role as a basic supplier rather than a finished-goods manufacturer. It does not sell a branded end product to consumers; it sells the physical inputs that other companies use to build things. That gives it a business tied to construction activity, public works, and maintenance spending, with demand driven by long-lived infrastructure and building needs.
Growth turned up: Heidelberg Materials said Q2 was a strong quarter, with revenues up 6% and RCO up 4%, and management highlighted the first positive volume impact in more than 4 years.
Pricing vs. costs: Price/cost turned slightly negative in the quarter, mainly because of supplier-driven distribution and energy pressure, but management said Europe stayed positive and the full year should still come out positive.
M&A accelerates: The company continued to push inorganic growth, closing Akcansa and Burnco and signing AmeriTex, while MAAS Australia is expected to close later this year.
Guidance narrowed: Full-year guidance was specified to EUR 3.4 billion to EUR 3.65 billion, with ROIC slightly above 10% and leverage expected around 1.5x.
Shareholder returns: Heidelberg Materials said the third tranche of its EUR 1.2 billion buyback is running well, with EUR 450 million already completed, alongside a higher dividend.
Carbon and sustainability: Management said the EU ETS proposal broadly supports the current framework, Brevik is on track, and the new kiln in Airvault cut CO2 by nearly 30%.
