- Group revenue increased to €21.5 billion, with RCO reaching €3.4 billion.
- ROIC improved to 10.4%, and €380 million was saved through the Transformation Accelerator initiative.
- The share buyback program's third tranche will start in Q2 2026.
- Padeswood CCS construction began, and evoZero® cement was delivered in Europe.
Financial Performance
Heidelberg Materials closed the 2025 financial year with a record result. The company reported a slight revenue increase of 1% to €21.5 billion, up from €21.2 billion the previous year. The result from current operations (RCO) rose to a new high of €3.4 billion, marking a 6% increase. The RCOBD margin improved to 21.8%, compared to 21.3% in the previous year. Adjusted earnings per share increased by 4% to €12.41.
Return on Invested Capital
The return on invested capital (ROIC) reached 10.4%, up from 9.9% the previous year, indicating strong financial health and efficient capital use.
Cost Savings and Share Buyback
The Transformation Accelerator initiative achieved significant savings of €380 million. Additionally, the company completed the cancellation of all shares from the second tranche of its share buyback program, with the third tranche set to commence in the second quarter of 2026.
Sustainability Initiatives
Heidelberg Materials made notable progress in sustainability by further reducing specific net CO₂ emissions. The company delivered the world’s first evoZero® carbon captured near-zero cement to customers in Europe and began construction of the Padeswood carbon capture and storage (CCS) facility.
Outlook for 2026
The company remains optimistic for 2026, expecting RCO to range between €3.40 billion and €3.75 billion, with ROIC anticipated to remain above 10%.
