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Heidelbergcement To Realise Industrial-Scale Carbon Capture And Storage Project
Heidelbergcement New Medium-Term Financial Targets Until 2025
Forterra Announces Favorable Decision In Earnout Arbitration
HeidelbergCement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures - Other. The Cements segment and the Aggregates segment focus on raw materials for concrete, namely cement and aggregates, such as sand, gravel and crushed rock. The Ready-Mixed Concrete-Asphalt segment includes the Company's ready-mixed concrete and asphalt activities. The Service- Joint Ventures - Other segment comprises activities of the Company's joint ventures, including trading activities, among others.
Construction - Raw Materials
Berliner Strasse 6
Independent Chairman of the Supervisory Board
Dominik von Achten
Chairman of the Managing Board
Independent Deputy Chairman of the Supervisory Board, Employee Representative
Deputy Chairman of the Managing Board, Chief Financial Officer
Kevin Gerard Gluskie
Member of the Managing Board
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HeidelbergCement has had a strong third quarter so far, boosted by stable prices and cost cuts launched earlier this year.
HeidelbergCement, the world's second-largest cement maker, on Wednesday said it saw a strong start to the third-quarter, boosted by cost cuts launched earlier this year.
French construction materials group St Gobain <SGOB.PA> reported lower first-half profits on Thursday, although the company hoped for a better second-half performance, echoing comments from rivals LafargeHolcim <LHN.S> and HeidelbergCement <HEIG.DE>.
* Cash savings stood at 354 mln eur at end of June (Recasts with CEO comments from press call)
* CEO does not think a second virus wave will derail recovery
HeidelbergCement, the world's No. 2 cement maker, on Thursday said it would continue to tighten its purse strings in the wake of the coronavirus crisis, adding it was still impossible to give an outlook for the year.
Germany's HeidelbergCement <HEIG.DE> reported on Tuesday higher-than-expected second-quarter sales and profits, after cost cuts helped soften the impact of the coronavirus crisis.
Heidelbergcement <HEIG.DE> on Monday said a review of its assets in the second quarter had forced it to book a 3.4 billion euros ($3.85 billion) impairment due to Brexit and the impact of the coronavirus pandemic on its business.
HeidelbergCement, the world's No. 2 cement maker, saw its sales fall significantly in Italy in the past two months, its chief financial officer told shareholders at the group's annual general meeting.
* SIGNIFICANT SALES DECREASE IN APRIL, MAY DUE TO LOCKDOWN IN ITALY
HeidelbergCement <HEIG.DE> slashed its dividend proposal as part of a 1 billion euro ($1.1 billion) cost-cutting move aimed at protecting the world's second-largest cement maker from the impact of the coronavirus pandemic.
HeidelbergCement <HEIG.DE> expects a "significant dent" in 2020 due subdued construction activity in the wake of the coronavirus pandemic, its chief executive told journalists after the publication of its first-quarter results.
HeidelbergCement expects a "significant dent" in 2020 due subdued construction activity in the wake of the coronavirus pandemic, its chief executive told journalists after the publication of its first-quarter results.
HeidelbergCement slashed its dividend proposal as part of a 1 billion euro ($1.1 billion) cost-cutting move aimed at protecting the world's second-largest cement maker from the impact of the coronavirus pandemic.
* CFO SAYS WE COULD STILL CHANGE DIVIDEND PROPOSAL IN COMING MONTHS IF SITUATION DETERIORATES DRAMATICALLY DUE TO CORONAVIRUS Further company coverage: (Frankfurt newsroom)
HeidelbergCement <HEIG.DE> has shut down factories in Italy and imposed a freeze on hiring and non-essential spending as the world's second-biggest cement maker grapples with a coronavirus pandemic it says has hit the world "like a wave."
HeidelbergCement has shut three plants in northern Italy after authorities urged it to take the step due to the massive spread of coronavirus infections in the country, its Chief Executive Dominik von Achten said on Thursday.
HeidelbergCement, the world's second-largest cement maker and an indicator of global economic activity, on Thursday said it could not give an outlook for 2020 as the ongoing spread of the coronavirus brings numerous economies to a standstill.
HeidelbergCement <HEIG.DE>, the world's No.2 cement maker after LafargeHolcim <LHN.S>, warned on Thursday of a weak end to the year, sending its shares to the bottom of Germany's benchmark DAX index <.GDAXI>.
HeidelbergCement, the world's No. 2 cement maker after LafargeHolcim, on Thursday confirmed its 2019 outlook after posting an 12% increase in core earnings in the third quarter.
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