Heidelberg Materials operating results before depreciation and amortization fall 12.3%
Updated
Updated · The Wall Street Journal · May 6
Heidelberg Materials operating results before depreciation and amortization fall 12.3%
6 articles · Updated · The Wall Street Journal · May 6
First-quarter operating EBITDA fell to 484 million euros, while current operations dropped 30.3% to 163 million euros and revenue declined to 4.54 billion euros.
The German building-materials group said harsh winter weather and geopolitical pressures cut volumes, though cost discipline and price increases partly offset the weakness.
Results were broadly in line with analyst forecasts, and the company maintained its 2026 outlook, saying demand in its core markets should stabilise and a significant recovery is visible.
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