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197.96001 USD
0.48
0.24%
Last update Jul 7, 10:47 AM EDT
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197.96001
197.96001
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197.48000
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197.96001
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Heidelberg Materials AG
197.96
0.48
0.24%

Overview

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Description

Heidelberg Materials AG is a German multinational building materials company headquartered in Heidelberg, Germany, and one of the world's largest integrated producers of cement, aggregates, ready-mixed concrete, and asphalt. Formerly known as HeidelbergCement AG, it rebranded in 2022 and operates in over 50 countries with approximately 51,000 employees across nearly 3,000 sites, including around 130 cement plants boasting an annual capacity of 170 million tonnes, 1,300 ready-mixed concrete facilities, and 600 aggregates quarries. The company produces essential construction materials like natural stone aggregates (sand, gravel), crushed stones, precast concrete elements for infrastructure such as bridges, tunnels, buildings, and schools, alongside asphalt and trading in clinker, alternative fuels, and additives. Net sales are diversified by product—cement (about 45%), ready-mixed concrete and asphalt (24%), aggregates (21%), and others like lime and bricks (10%)—and geographically, with key markets in Europe (notably Germany), North America (USA, Canada), Asia-Pacific (Australia, Indonesia), and Africa-Mediterranean regions. As a DAX-listed entity, Heidelberg Materials AG plays a pivotal role in global construction, emphasizing sustainability through carbon neutrality goals by 2050 and circular economy initiatives. In 2024, it reported €21.2 billion in revenue, underscoring its market leadership in high-barrier upstream activities like cement and aggregates.

About

CEO
Ms. Karin Comstedt Webb
Employees
47552
Address
Berliner Strasse 6
11 Bermudiana Road
Heidelberg, 69120, MI
Germany
Phone
49 6221 481 13227
Instrument type
Common stock
Sector
Basic Materials
Industry
Building Materials
Country
United States
MIC code
PINX
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