Heidelberg Materials Reports Strong Q1 Results Driven by African Markets
Heidelberg Materials, the world’s second-largest cement producer, has exceeded expectations with its financial results for the first quarter of 2025, largely due to the robust performance in its African markets.
The company’s result from current operations (RCO) increased by 1.3% to €235 million ($266 million), surpassing analysts’ average forecast of €207 million. This positive outcome has been attributed to the strong demand in Africa, despite facing political and economic uncertainties and challenging weather conditions in some regions.
Heidelberg Materials’ Chief Executive, Dominik von Achten, expressed satisfaction with the company’s performance, stating, “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.”
The company has reaffirmed its full-year guidance, maintaining its forecast for RCO in 2025 between €3.25 billion and €3.55 billion. This aligns with the consensus estimate of €3.44 billion.
While the African markets have flourished, not all regions experienced the same success. Heidelberg Materials reported a significant drop in RCO in North America, which contributes more than a fifth of the total group sales, by nearly two-thirds during the quarter.
