- Q3 result increased by 5% to €1,179 million, with an operating margin of 25.9%.
- Construction of the CCS project in Padeswood, UK, to begin within weeks, capturing 800,000 tonnes of CO₂ annually by 2029.
- Four EU Innovation Fund grants secured for carbon capture projects in Belgium, France, Italy, and Poland.
- Share buyback program of up to €1.2 billion, with €364 million in treasury shares acquired by October 2025.
Financial Performance
In the third quarter, Heidelberg Materials reported a 5% increase in results, reaching €1,179 million, with an operating margin improvement to 25.9%. Revenue rose slightly by €51 million to €5,807 million compared to the previous year.
Transformation Initiatives
The Transformation Accelerator initiative, launched in November 2024, is on track, contributing significant savings. The initiative focuses on optimizing the production network and enhancing cross-functional efficiency, aiming for €500 million in annual savings by the end of 2026.
Decarbonisation Efforts
Heidelberg Materials is advancing its decarbonisation projects, with the construction of a carbon capture facility at the Padeswood, UK, plant set to begin soon. The facility is expected to capture 800,000 tonnes of CO₂ annually and be operational by 2029. The company has also secured four EU Innovation Fund grants for carbon capture projects in Belgium, France, Italy, and Poland.
Product Developments
The company has started delivering evoZero®, a carbon captured near-zero cement, to customers across Europe. This product is manufactured at the Brevik CCS facility and will be used in projects like the Skøyen metro station in Oslo and the DREIHAUS 3D-printed houses in Heidelberg.
Shareholder Returns
Heidelberg Materials launched a second share buyback program with a volume of up to €1.2 billion. By October 2025, the company acquired treasury shares worth approximately €364 million.
