Cementir Holding Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Francesco Caltagirone
Chief executive officer
€7.0m
Total compensation
| CEO salary percentage | 27.08% |
| CEO tenure | 30.9yrs |
| CEO ownership | 5.7% |
| Management average tenure | 7.4yrs |
| Board average tenure | 19.2yrs |
Recent management updates
Recent updates
New Narrative • Feb 13
Rising CO2 Costs And CCS Execution Risks Will Pressure Long Term Cement Margins
Catalysts About Cementir Holding Cementir Holding produces gray and white cement, ready mix concrete and aggregates with operations focused on the Nordics, Belgium, Turkey and selected export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update • Feb 06
CEM: Revised Assumptions And 2026 Plan Will Likely Keep Shares Fairly Valued
Analysts have lifted their price target on Cementir Holding from €16.78 to €17.60, citing updated assumptions that include a revised discount rate, revenue growth outlook, profit margin profile, and future P/E expectations. What's in the News A board meeting is scheduled for February 12, 2026 to review and approve the fourth quarter and full year 2025 preliminary consolidated results, and to approve the 2026 budget and the 2026 to 2028 industrial plan update (Key Developments).Analysis Article • Jan 30
Should You Investigate Cementir Holding N.V. (BIT:CEM) At €19.08?
While Cementir Holding N.V. ( BIT:CEM ) might not have the largest market cap around , it saw a significant share price...
New Narrative • Jan 29
Carbon Capture Projects And Volume Recovery Will Transform This Cement Producer’s Long-Term Prospects
Catalysts About Cementir Holding Cementir Holding is an international cement and ready mixed concrete producer with a strong presence in Nordic & Baltic, Belgium and France, Turkey, North America, Asia Pacific and Egypt. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 22
CEM: Stable 2025 Guidance And Plan Update Will Likely Limit Future Upside
Narrative Update Analysts have nudged their fair value estimate for Cementir Holding higher to €16.78 from €16.21, citing small adjustments to the discount rate, revenue growth, profit margin assumptions, and a modestly higher future P/E multiple. What's in the News Cementir Holding has scheduled a board meeting for February 12, 2026 to review fourth quarter and full year 2025 preliminary consolidated results and to approve the 2026 budget and the 2026 to 2028 industrial plan update (Key Developments).Analysis Article • Jan 12
Returns Are Gaining Momentum At Cementir Holding (BIT:CEM)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Narrative Update • Jan 07
CEM: Stable 2025 Guidance And Plan Update Will Likely Limit Future Upside
Analysts have kept their price target for Cementir Holding broadly unchanged at €16.21, reflecting only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions rather than any material shift in their view of the company. What's in the News Board meeting scheduled for 11 February 2026 to review fourth quarter and full year 2025 preliminary consolidated results and to approve the 2026 budget and the 2026 to 2028 industrial plan update (Key Developments).Analysis Article • Dec 25
Investors Appear Satisfied With Cementir Holding N.V.'s (BIT:CEM) Prospects As Shares Rocket 848%
Despite an already strong run, Cementir Holding N.V. ( BIT:CEM ) shares have been powering on, with a gain of 848% in...Narrative Update • Dec 15
CEM: Future Returns Are Expected To Disappoint Despite Stable 2025 Metrics
Analysts have raised their price target on Cementir Holding slightly to align with a fair value estimate of €16.21, reflecting marginally lower discount rate assumptions and a modestly stronger long term profit margin outlook. What's in the News Cementir Holding reaffirmed its financial guidance for 2025, maintaining expected revenue at EUR 1.75 billion, about 6% higher than the previous year (Key Developments).Narrative Update • Dec 01
CEM: Financial Metrics Are Expected To Remain Stable Into 2025
Analysts have maintained their price target for Cementir Holding at €16.21. This reflects stable expectations for the company's fair value and underlying financial metrics.Narrative Update • Nov 16
CEM: Financial Outlook Will Remain Solid As Revenue Rises 6%
Analysts have raised their price target for Cementir Holding from €15.43 to €16.21, citing improved revenue growth forecasts and higher projected profit margins. What's in the News Cementir Holding N.V. reaffirmed its financial guidance for 2025 and is maintaining revenue expectations at EUR 1.75 billion, representing a 6% increase compared to last year (Key Developments).Analysis Article • Nov 04
If EPS Growth Is Important To You, Cementir Holding (BIT:CEM) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Oct 10
Cementir Holding (BIT:CEM) Is Doing The Right Things To Multiply Its Share Price
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Sep 23
At €14.06, Is Cementir Holding N.V. (BIT:CEM) Worth Looking At Closely?
While Cementir Holding N.V. ( BIT:CEM ) might not have the largest market cap around , it saw a double-digit share...Analysis Article • Sep 04
Benign Growth For Cementir Holding N.V. (BIT:CEM) Underpins Its Share Price
With a price-to-earnings (or "P/E") ratio of 12x Cementir Holding N.V. ( BIT:CEM ) may be sending bullish signals at...Analysis Article • Aug 22
Cementir Holding (BIT:CEM) Could Easily Take On More Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 01
Earnings Update: Cementir Holding N.V. (BIT:CEM) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts
Last week saw the newest half-yearly earnings release from Cementir Holding N.V. ( BIT:CEM ), an important milestone in...Analysis Article • Jun 02
Cementir Holding's (BIT:CEM) Returns On Capital Are Heading Higher
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Apr 28
Cementir Holding (BIT:CEM) Is Paying Out A Dividend Of €0.28
The board of Cementir Holding N.V. ( BIT:CEM ) has announced that it will pay a dividend on the 21st of May, with...Analysis Article • Apr 16
Cementir Holding (BIT:CEM) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Apr 01
When Should You Buy Cementir Holding N.V. (BIT:CEM)?
While Cementir Holding N.V. ( BIT:CEM ) might not have the largest market cap around , it received a lot of attention...Analysis Article • Mar 17
Cementir Holding (BIT:CEM) Is Due To Pay A Dividend Of €0.28
The board of Cementir Holding N.V. ( BIT:CEM ) has announced that it will pay a dividend on the 21st of May, with...Analysis Article • Mar 15
Cementir Holding N.V. Just Recorded A 8.7% EPS Beat: Here's What Analysts Are Forecasting Next
As you might know, Cementir Holding N.V. ( BIT:CEM ) just kicked off its latest annual results with some very strong...
New Narrative • Feb 09
Energy Efficiency Upgrades And Carbon Capture Projects Will Improve Sustainability By 2029
Investment in energy efficiency, production capacity, and carbon projects is set to enhance cost savings, operational margins, and long-term profitability.Analysis Article • Dec 13
Here's Why Cementir Holding (BIT:CEM) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 08
At €10.20, Is Cementir Holding N.V. (BIT:CEM) Worth Looking At Closely?
While Cementir Holding N.V. ( BIT:CEM ) might not have the largest market cap around , it saw a decent share price...Analysis Article • Sep 22
Here's Why Cementir Holding (BIT:CEM) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Aug 17
Here's Why Cementir Holding (BIT:CEM) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Aug 01
Analyst Estimates: Here's What Brokers Think Of Cementir Holding N.V. (BIT:CEM) After Its Interim Report
Investors in Cementir Holding N.V. ( BIT:CEM ) had a good week, as its shares rose 5.2% to close at €10.52 following...Analysis Article • Jul 31
Cementir Holding N.V.'s (BIT:CEM) Earnings Are Not Doing Enough For Some Investors
Cementir Holding N.V.'s ( BIT:CEM ) price-to-earnings (or "P/E") ratio of 7.9x might make it look like a buy right now...Analysis Article • Jul 12
Cementir Holding (BIT:CEM) Is Experiencing Growth In Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Analysis Article • Jun 22
Is It Too Late To Consider Buying Cementir Holding N.V. (BIT:CEM)?
While Cementir Holding N.V. ( BIT:CEM ) might not have the largest market cap around , it saw significant share price...Analysis Article • May 14
Analyst Estimates: Here's What Brokers Think Of Cementir Holding N.V. (BIT:CEM) After Its First-Quarter Report
As you might know, Cementir Holding N.V. ( BIT:CEM ) recently reported its first-quarter numbers. Results look mixed...Analysis Article • Apr 19
Cementir Holding N.V.'s (BIT:CEM) Low P/E No Reason For Excitement
When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider...Analysis Article • Mar 28
Returns On Capital Are Showing Encouraging Signs At Cementir Holding (BIT:CEM)
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Feb 14
We Ran A Stock Scan For Earnings Growth And Cementir Holding (BIT:CEM) Passed With Ease
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Jan 29
An Intrinsic Calculation For Cementir Holding N.V. (BIT:CEM) Suggests It's 47% Undervalued
Key Insights Cementir Holding's estimated fair value is €18.68 based on 2 Stage Free Cash Flow to Equity Cementir...Analysis Article • Jan 11
Why Cementir Holding N.V. (BIT:CEM) Could Be Worth Watching
Cementir Holding N.V. ( BIT:CEM ), is not the largest company out there, but it saw a significant share price rise of...Analysis Article • Dec 16
These 4 Measures Indicate That Cementir Holding (BIT:CEM) Is Using Debt Safely
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Oct 13
Should You Be Adding Cementir Holding (BIT:CEM) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Sep 15
Is Cementir Holding (BIT:CEM) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jul 30
There's Been No Shortage Of Growth Recently For Cementir Holding's (BIT:CEM) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | €183m |
| Dec 31 2025 | €7m | €2m | €206m |
| Sep 30 2025 | n/a | n/a | €165m |
| Jun 30 2025 | n/a | n/a | €157m |
| Mar 31 2025 | n/a | n/a | €173m |
| Dec 31 2024 | €7m | €2m | €202m |
| Sep 30 2024 | n/a | n/a | €171m |
| Jun 30 2024 | n/a | n/a | €199m |
| Mar 31 2024 | n/a | n/a | €196m |
| Dec 31 2023 | €6m | €2m | €201m |
| Sep 30 2023 | n/a | n/a | €243m |
| Jun 30 2023 | n/a | n/a | €210m |
| Mar 31 2023 | n/a | n/a | €184m |
| Dec 31 2022 | €6m | €2m | €162m |
| Sep 30 2022 | n/a | n/a | €153m |
| Jun 30 2022 | n/a | n/a | €144m |
| Mar 31 2022 | n/a | n/a | €140m |
| Dec 31 2021 | €5m | €2m | €113m |
| Sep 30 2021 | n/a | n/a | €142m |
| Jun 30 2021 | n/a | n/a | €139m |
| Mar 31 2021 | n/a | n/a | €123m |
| Dec 31 2020 | €5m | €2m | €102m |
| Sep 30 2020 | n/a | n/a | €81m |
| Jun 30 2020 | n/a | n/a | €74m |
| Mar 31 2020 | n/a | n/a | €79m |
| Dec 31 2019 | €5m | €2m | €84m |
Compensation vs Market: Francesco's total compensation ($USD8.19M) is above average for companies of similar size in the Italian market ($USD3.53M).
Compensation vs Earnings: Francesco's compensation has been consistent with company performance over the past year.
CEO
Francesco Caltagirone (57 yo)
30.9yrs
Tenure
€6,961,000
Compensation
Mr. Francesco C. Caltagirone Jr., serves as the Group Chief Executive Officer and Member of Executive Board at Aalborg Portland Holding A/S. Mr. Caltagirone has been the Chairman of the Board and Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Group CEO | no data | €6.96m | 5.66% € 138.6m | |
| Group Chief Financial Officer | 3.3yrs | no data | no data | |
| Group Chief Operating Officer | no data | no data | no data | |
| Group Chief M&A & Investor Relations Officer | no data | no data | no data | |
| Group General Counsel | 13.3yrs | no data | no data | |
| Group Chief Sales | no data | no data | no data | |
| Group Chief Human Resources Officer | 5.3yrs | no data | no data | |
| Group Chief Procurement & Logistic Officer | 8.9yrs | no data | no data | |
| Group Chief Information Technology Officer | 8.7yrs | no data | no data | |
| Group Chief Internal Audit Officer | no data | no data | no data | |
| Group Chief Technical Coordination Officer | 6.1yrs | no data | no data | |
| Group Chief Strategic Development Officer | no data | no data | no data |
7.4yrs
Average Tenure
Experienced Management: CEM's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Group CEO | 30.9yrs | €6.96m | 5.66% € 138.6m | |
| Independent Non Executive Director | 3.1yrs | €62.00k | no data | |
| Non-Executive Vice Chairwoman of the Board | 20yrs | €9.00k | no data | |
| Non-Executive Director | 23yrs | €10.00k | 0.021% € 511.6k | |
| Non-Executive Vice Chairman of the Board | 20yrs | €7.00k | no data | |
| Non-Executive Director | 18.3yrs | €267.00k | 0.022% € 537.8k | |
| Independent Non Executive Director | 3.1yrs | €62.00k | no data | |
| Senior Independent Non-Executive Director | 5.1yrs | €52.00k | no data |
19.2yrs
Average Tenure
55yo
Average Age
Experienced Board: CEM's board of directors are seasoned and experienced ( 19.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/08 16:11 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cementir Holding N.V. is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrea Belloli | Banca Akros S.p.A. (ESN) |
| Andrea Belloli | Banca Akros S.p.A. (ESN) |
| Michele Baldelli | BNP Paribas |