DOW JONES–Heidelberg Materials achieved slight growth in the third quarter, 4.8 percent more operating profit than in the previous year and exceeded market expectations. The DAX-listed building materials giant is sticking to its profit forecast, but has made the target range narrower.
In the months July to September, Heidelberg Materials posted a profit from ongoing operations of 1.18 billion euros – 55 million euros more than in the previous year and 20 million euros more than analysts’ consensus expected.
Adjusted for currency effects and changes in the portfolio, sales increased by 1.8 percent to 5.8 billion euros. Analysts had expected 5.87 billion euros. The operating margin based on the result of ongoing business before depreciation improved by 70 basis points to 25.9 percent.
“Our uncompromising focus on active price and cost management in all group areas contributed significantly to our ability to improve our results and further expand our profitability in the third quarter,” said CEO Dominik von Acht. The ongoing savings and efficiency program has made an important contribution to improving the margin with significant savings.
Heidelberg Materials specified the forecast for profit from ongoing business at 3.3 to 3.5 billion euros. To date, the target range has been between 3.25 and 3.55 billion euros.
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(END) Dow Jones Newswires
November 06, 2025 01:02 ET (06:02 GMT)
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