Germany: Heidelberg Materials said that it made a ‘robust’ start to the 2026 financial year, reporting sales of €4.54bn in the first quarter of 2026, down by 4% year-on-year. However, result from current operations fell from €235m to €163m. The company said that declining volumes were partly offset by price adjustments and cost discipline, and that it anticipates rising energy costs as a result of the escalation in the Middle East, which will be compensated for by surcharges and price adjustments. Heidelberg Materials confirmed its 2026 outlook, targeting result from current operations of €3.40bn-€3.75bn.
Chair of the managing board Dominik von Achten said “In a challenging geopolitical environment and under difficult weather conditions in many of Heidelberg Materials’ core markets, we have started the financial year 2026 with robust results. A significant recovery in demand is already visible in many markets at the start of the second quarter. For the remainder of the year, we anticipate demand in our core markets to further stabilise. Against this backdrop, we confirm our outlook for the financial year 2026.”
