For full functionality of this site it is necessary to enable JavaScript. Here are the instructions how to enable JavaScript in your web browser.

We are availabe to talk to you Monday - Friday 9am - 5pm

GDPR text - this is just a placeholder until correct text is inserted.

Have a member of our team call you back.

GDPR text - this is just a placeholder until correct text is inserted.

You can email us your enquiry by completing the form below.

Donec nisl risus, mattis ut, porttitor vitae, lobortis sagittis, lacus. Nullam neque ligula, congue at, fringilla at, consequat vitae, nulla. Nam ut felis. Curabitur imperdiet ligula a leo molestie malesuada. Praesent neque tortor, placerat accumsan, imperdiet non, iaculis at, mauris. In lacus quam, semper in, ullamcorper et, hendrerit id, pede. Nulla pretium sodales nunc.

Quisque augue quam, pulvinar in, accumsan et, pellentesque sed, ligula. Proin viverra, quam et aliquam molestie, turpis enim pellentesque eros, nec varius sem est id sapien. Aliquam at orci. Cras enim. Nam magna quam, elementum a, aliquet at, eleifend id, lacus. Donec et odio id quam laoreet suscipit.

Quisque ac ante. Aenean in neque. Suspendisse aliquet tincidunt pede. Duis mi. Morbi sapien. Cras posuere interdum nisl. Proin ac eros. Integer sit amet odio. Nullam nec velit dapibus augue condimentum egestas. Phasellus quis odio. Sed semper aliquet risus. Integer gravida vulputate sem. Praesent eu mauris. Fusce consequat congue dui. Vivamus quis metus non dui pellentesque tempor.

Davy Research

Heidelberg Materials

FY26 guidance lowered

Jul 30 2026, 07:26 IST/BST
Colin Sheridan CFA
Company Report
7 page(s)

Sectors : Building Materials

Companies : Heidelberg Materials

Ratings and price correct at time of issue.

Heidelberg Materials

Closing Price: 16895c
RATING 30/05/24
UNDERPERFORM
PREVIOUS RATING 04/02/20

NEUTRAL

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

Heidelberg Materials’ Q2 results are in line with our expectations and modestly ahead of consensus expectations, which had seen some downward revisions in advance of results. Guidance has been lowered by c.1.4% at the midpoint of the range, but consensus is already broadly in line with this reduced expectation.

View full article

Download full report with analyst certification and important disclosures

Jul 30 2026, 07:26 IST/BST