Announcement • Apr 21
Heidelberg Materials AG (XTRA:HEI) agreed to acquire an additional 39.72% stake in Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi (IBSE:AKCNS) from Haci Ömer Sabanci Holding A.S. (IBSE:SAHOL). Heidelberg Materials AG (XTRA:HEI) agreed to acquire an additional 39.72% stake in Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi (IBSE:AKCNS) from Haci Ömer Sabanci Holding A.S. (IBSE:SAHOL) on April 20, 2026. Upon completion, Heidelberg Materials AG will own 79.44% stake in Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi.
The transaction is subject to approval by regulatory board / committee. Announcement • Mar 31
Heidelberg Materials AG, Annual General Meeting, May 13, 2026 Heidelberg Materials AG, Annual General Meeting, May 13, 2026, at 10:00 W. Europe Standard Time. Declared Dividend • Mar 29
Dividend of €3.60 announced Shareholders will receive a dividend of €3.60. Ex-date: 14th May 2026 Payment date: 18th May 2026 Dividend yield will be 2.1%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 27
Heidelberg Materials AG announces Annual dividend, payable on May 18, 2026 Heidelberg Materials AG announced Annual dividend of EUR 3.6000 per share payable on May 18, 2026, ex-date on May 14, 2026 and record date on May 15, 2026. Announcement • Oct 29
Heidelberg Materials AG to Report Fiscal Year 2025 Final Results on Mar 26, 2026 Heidelberg Materials AG announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on Mar 26, 2026 Announcement • Sep 06
CRH and Heidelberg Materials Reportedly Among Suitors for A Business Being Sold by NCC CRH plc (NYSE:CRH) and Heidelberg Materials AG (XTRA:HEI) are among suitors for a business being sold by NCC AB (publ) (OM:NCC B), according to people familiar with the matter. NCC's industry business which makes aggregates, asphalt and asphalt paving has also attracted interest from Bouygues's Colas unit as well as several private equity firms, the people said. NCC announced a strategic review of the business in February and hired SEB Corporate Finance to advise on a potential divestment, which is now heading into the next round of bidding. The unit, which accounts for about 20% of NCC's sales, could fetch as much as $1 billion (EUR 850 million) in a transaction, some of the people said, asking not to be identified because talks are private. Deliberations are ongoing and the suitors could decide against proceeding with their bids, the people said. NCC could also opt to keep the business for longer, they added. A representative for NCC said the company is still hoping to reach a conclusion of the strategic review before the end of the year, declining to comment on the bidders. Representatives for CRH, Colas and Heidelberg Materials also declined to comment. Announcement • Apr 04
Heidelberg Materials AG, Annual General Meeting, May 15, 2025 Heidelberg Materials AG, Annual General Meeting, May 15, 2025, at 10:00 W. Europe Standard Time. Declared Dividend • Mar 27
Dividend of €3.30 announced Shareholders will receive a dividend of €3.30. Ex-date: 16th May 2025 Payment date: 20th May 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 26
Heidelberg Materials AG announces Annual dividend, payable on May 20, 2025 Heidelberg Materials AG announced Annual dividend of EUR 3.3000 per share payable on May 20, 2025, ex-date on May 16, 2025 and record date on May 19, 2025. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF156, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Basic Materials industry in Europe. Total returns to shareholders of 206% over the past three years. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: €9.67 (vs €10.99 in FY 2023) Full year 2024 results: EPS: €9.67 (down from €10.99 in FY 2023). Revenue: €21.8b (up 2.3% from FY 2023). Net income: €1.75b (down 14% from FY 2023). Profit margin: 8.0% (down from 9.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 28
WIH Cement Developing Company Limited entered into a share purchase agreement to acquire 91.02% stake in Cimenterie De Lukala Sarl from Heidelberg Materials AG (XTRA:HEI) for $3.7 million. WIH Cement Developing Company Limited entered into a share purchase agreement to acquire 91.02% stake in Cimenterie De Lukala Sarl from Heidelberg Materials AG (XTRA:HEI) for $3.7 million on January 27, 2025. The consideration for the 1,574,904 shares of CILU is $3,700,069 (payable in cash), subject to customary closing adjustments for cash, debt and net working capital of CILU. Closing of the HM SPA is subject to and conditional upon the following conditions precedent being satisfied: (A) approval of the transaction by competition authorities, waiver of the authorities’ jurisdiction or waiver or lapse of the prohibition to complete such transaction; (B) no material adverse change has occurred and no circumstance has arisen which would result in a material adverse change; (C) certain of CILU’s operating licenses of permanent quarries in DRC being in force and effect on HM SPA Closing Date and there is no written order, written objection, written indication, written judgment of any authority explicitly threatening or clearly presenting the prospect of revocation of any of those licenses; (D) no order, objection, indication, judgment of any authority has been issued prior to closing which prevents or deems illegal the closing of the HM SPA and/or the sale and transfer of the Intra-Group Repayment Claims under the Intra-Group Transfer Agreement; (E) no breach of any fundamental warranty and no circumstance has arisen which would result in a breach of a fundamental warranty; and (F) the IFC SPA has, if not signed prior to or on the HM SPA Signing Date, been (i) approved by HM AG, (ii) entered into with IFC, and (iii) the IFC SPA’s closing is only dependent on the payment of the purchase price under the IFC SPA and the closing of the HM SPA and all other conditions to the IFC SPA having been fulfilled or waived. The IFC SPA has not been entered into as at the date of announcement.
The closing date will be the date which is: (a) the last Business Day of the month in which the last condition precedent is fulfilled or waived; (b) where the last condition precedent has been fulfilled or duly waived during the last 6 Business Days of a month, the last Business Day of the following month, or (c) another date as mutually agreed by HM AG and WIH Cement, and no earlier than 30 June 2025. The transaction is subject to regulatory approval and is expected to close in 2025. Announcement • Dec 27
Heidelberg Materials AG SPONSORED ADR Deleted from OTC Equity Heidelberg Materials AG SPONSORED ADR (Germany) has been deleted from OTC Equity effective December 26, 2024, due to Other Reasons. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CHF106, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Basic Materials industry in Europe. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF211 per share. Announcement • Oct 09
Heidelberg Materials AG (XTRA:HEI) acquired unknown minority stake in EnviCore Inc. Heidelberg Materials AG (XTRA:HEI) acquired unknown minority stake in EnviCore Inc. on October 9, 2024.
Heidelberg Materials AG (XTRA:HEI) completed the acquisition of unknown minority stake in EnviCore Inc. on October 9, 2024. Reported Earnings • Jul 31
First half 2024 earnings released: EPS: €3.19 (vs €4.07 in 1H 2023) First half 2024 results: EPS: €3.19 (down from €4.07 in 1H 2023). Revenue: €10.0b (down 4.5% from 1H 2023). Net income: €579.9m (down 24% from 1H 2023). Profit margin: 5.8% (down from 7.2% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Announcement • May 04
Heidelberg Materials AG (XTRA:HEI) entered into a definitive purchase agreement to acquire ACE Group. Heidelberg Materials AG (XTRA:HEI) entered into a definitive purchase agreement to acquire ACE Group on May 1, 2024. The leadership team of ACE Group will stay on board as part of the acquisition to continue managing the companies. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CHF98.51, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Basic Materials industry in Europe. Declared Dividend • Mar 26
Dividend of €3.00 announced Shareholders will receive a dividend of €3.00. Ex-date: 17th May 2024 Payment date: 21st May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: €10.99 (vs €8.50 in FY 2022) Full year 2023 results: EPS: €10.99 (up from €8.50 in FY 2022). Revenue: €21.2b (flat on FY 2022). Net income: €2.03b (up 27% from FY 2022). Profit margin: 9.6% (up from 7.6% in FY 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Basic Materials industry in Europe. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: €10.57 (vs €8.50 in FY 2022) Full year 2023 results: EPS: €10.57 (up from €8.50 in FY 2022). Revenue: €21.3b (flat on FY 2022). Net income: €1.96b (up 22% from FY 2022). Profit margin: 9.2% (up from 7.6% in FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Basic Materials industry in Europe. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CHF75.39, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Basic Materials industry in Europe. Announcement • Oct 05
JSW Cement Reportedly in Initial Talks to Cement Deal with Heidelberg Materials JSW Cement Limited is in initial talks with Germany's Heidelberg Materials AG (XTRA:HEI) to acquire the latter's 13.4 million-tonne-a-year cement businesses in India, industry sources aware of the talks told ET. The people cited above said the discussions, currently bilateral, began after the JSW Group made an unsolicited offer to acquire Heidelberg's local entities that primarily have capacities in peninsular India. To be sure, Heidelberg is yet to take a final call on its India exit strategy and according to the people cited above, it is possible it may eventually decide to opt for a bidding process for the assets to allow other potential buyers to participate and increase competitive intensity for the plants. A Heidelberg Materials spokesperson declined to comment, while the JSW Group did not respond to ET's email seeking comments. Upcoming Dividend • May 06
Upcoming dividend of €2.40 per share Eligible shareholders must have bought the stock before 13 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Swiss dividend payers (3.8%). Higher than average of industry peers (3.8%). Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €9.14 (up from €10.42 loss in FY 2020). Revenue: €19.3b (up 9.0% from FY 2020). Net income: €1.80b (up €3.87b from FY 2020). Profit margin: 9.4% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.7% growth forecast for the industry in Switzerland. 
