Germany: Heidelberg Materials increased its revenue by 5% year-on-year to €4.71bn in the first quarter of 2025. Operating earnings from current operations rose slightly to €235m from €232m in the previous year.
“Despite the political and economic uncertainties as well as difficult weather conditions in some regions, we got off to a very good start to the 2025 financial year,” chair Dominik von Achten said. “In particular, we benefitted from significant growth in the Africa-Mediterranean-Western Asia group area.”
He added “In the first three months of 2025, we continued to set the course for our sustainable transformation. Final preparations for our CCS lighthouse project in Brevik, Norway, are currently well underway. We started capturing, liquefying and temporarily storing CO₂ a few days ago as part of the plant's ramp-up. We look forward to the grand opening of the world's first large-scale industrial carbon capture facility at a cement plant in June.”
The company confirmed its outlook for the 2025 financial year. It expects full-year earnings of €3.25bn – €3.55bn.
