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- XTRA:HEI
Heidelberg Materials First Half 2024 Earnings: EPS: €3.19 (vs €4.07 in 1H 2023)
Heidelberg Materials (ETR:HEI) First Half 2024 Results
Key Financial Results
- 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.
- EPS: €3.19 (down from €4.07 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Heidelberg Materials Earnings Insights
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Basic Materials industry in Europe.
Performance of the market in Germany.
The company's shares are down 3.4% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Heidelberg Materials.
Valuation is complex, but we're here to simplify it.
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About XTRA:HEI
Heidelberg Materials
Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.
Undervalued with excellent balance sheet and pays a dividend.