Heidelberg Materials

FY26 guidance reiterated

  • Sectors : Building Materials
  • Companies : Heidelberg Materials

Ratings and price correct at time of issue.

  • Heidelberg Materials

    Closing Price: 18460c

  • RATING 30/05/24

  • PREVIOUS RATING 04/02/20

    NEUTRAL

DAVY VIEW

Despite a challenging Q1, particularly in Europe where bad weather had led to a slow start, the business has been able to reiterate FY guidance for €3.40-3.75bn in RCO (EBIT). Cost increases are expected to materialise in the coming months but surcharges and price adjustments have been sought to offset.

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May 6 2026, 07:15 IST/BST

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