Heidelberg Materials Narrows 2026 Profit Guidance

Heidelberg Materials narrows 2026 profit guidance

Heidelberg Materials announced that its 2026 profit guidance, measured by result from current operations, has been narrowed to a range of €3.40 billion to €3.65 billion, compared with the prior range of €3.40 billion to €3.75 billion. The company attributed the adjustment to higher energy costs arising from the war in Iran, together with persistent inflationary pressure and elevated financing costs affecting global residential construction.

A company‑compiled analyst poll forecasts result from current operations of €3.51 billion for 2026, representing a 4 % increase over the previous year.

In the second quarter, like‑for‑like revenue grew 6.6 % year‑over‑year to €6.04 billion. Result from current operations rose to €1.09 billion from €1.05 billion a year earlier. EBITDA before depreciation and amortisation increased to €1.42 billion from €1.37 billion, exceeding the €1.39 billion expected by company‑compiled estimates.

Dominik von Achten, Chairman of the Managing Board, said the environment remains geopolitically and economically challenging but highlighted a “first noticeable recovery in demand” in core markets and expressed confidence in a strong second half of the year and in achieving the specified outlook for the financial year 2026.

Heidelberg Materials’ shares slipped 1.4 % in early German trading at 07:50 GMT following the announcement.