Heidelberg Materials AG ADR ( (HDLMY) ) has released its Q4 earnings. Here is a breakdown of the information Heidelberg Materials AG ADR presented to its investors.
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Heidelberg Materials AG ADR is a leading global manufacturer in the building materials sector, specializing in cement, aggregates, and ready-mixed concrete, with a strong focus on sustainability and digital innovation.
In its latest earnings report, Heidelberg Materials announced a stable group revenue of €21.2 billion for the 2024 financial year, despite facing declining volumes. The company achieved a record result from current operations (RCO) of €3.2 billion, marking a 6% increase, and reported an 11% rise in adjusted earnings per share to €11.9.
Key financial highlights include maintaining a return on invested capital (ROIC) of around 10% and a significant reduction in specific CO₂ emissions by 1.3%. The company also completed the first tranche of its share buyback program and plans to initiate the second tranche in Q2 2025. Heidelberg Materials has made strategic acquisitions in North America and Asia-Pacific to bolster growth and sustainability.
Looking forward, Heidelberg Materials remains optimistic about 2025, expecting RCO to range between €3.25 billion and €3.55 billion, with ROIC anticipated to stay around 10%. The company continues to focus on cost management and price adjustments amid volatile energy and raw materials markets, while further reducing CO₂ emissions.