Published by Global Banking & Finance Review®
Posted on February 25, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on Google
Heidelberg Materials forecasts a profit rise in 2025 due to market stabilization, following a record year in 2024.
FRANKFURT (Reuters) - Heidelberg Materials, the world's second-largest cement maker, expects its operating profit to rise further this year after a record 2024, it said on Tuesday, citing a stabilisation in its core markets.
The group's result from current operations is forecast to rise to 3.25 billion euros to 3.55 billion euros ($3.72 billion to $3.40 billion) in 2025, up from 3.2 billion in 2024, which was up 6% year on year.
"Thanks to our broad geographic footprint as well as our focus on cost and price management, we managed to more than compensate for declining demand in certain regions," CEO Dominik von Achten said in a statement.
The group said that while the construction sector remained volatile in some regions, the company's core markets - which includes North America and Australia among others - continued to stabilise.
($1 = 0.9547 euros)
(Reporting by Christoph Steitz, Editing by Miranda Murray)
The article discusses Heidelberg Materials' profit forecast for 2025, highlighting market stabilization and financial growth.
Heidelberg Materials had a record year in 2024, with a 6% increase in profit from the previous year.
Core markets such as North America and Australia are stabilizing for Heidelberg Materials.
Explore more articles in the Finance category
