Welcome to HeidelbergCement Group
- HeidelbergCement sells half of its Georgian business
- HeidelbergCement reports results for the third quarter of 2017
- HeidelbergCement renews its commitment to sustainability
10 November 2017
Today, HeidelbergCement announced that it has sold 50% of the voting rights in its Georgian business to Cement Invest, an investment company jointly managed and owned by the Georgian Co-Investment Fund (“GCF”) and Hunnewell Partners (“Hunnewell”). HeidelbergCement and Cement Invest will jointly control the resulting joint venture. The transaction will contribute in total about € 115 million to the future reduction of net debt of HeidelbergCement. “The partnership will enable our new Georgian joint venture to benefit from GCF’s and Hunnewell’s project experience in Georgia,” explains Dr. Bernd...
8 November 2017
Highlights Q3 2017: Revenue up by 4% to €4.6 billion on a comparable basis* Result from current operations before depreciation and amortisation rose by 7% to €1,058 million on a comparable basis* Earnings per share significantly improved by 38% to €2.42 (previous year: €1.75) Significantly improved free cash flow of the past 12 months to €1.2 billion Outlook for 2017 unchanged: Positive outlook for global economy; accelerated growth in Europe Moderate increase in revenue and mid-single to double-digit percentage increase in result from current operations on a comparable pro forma basis**;...
11 October 2017
Sustainability Commitments 2030 focus on six key priorities. “Our goal is to grow in harmony with the environment and society. The Sustainability Commitments 2030 challenge us to find new solutions and think differently to make our business even more sustainable. That is what we need to ensure our corporate success over the long-term,” said Dr. Bernd Scheifele, Chairman of the HeidelbergCement Managing Board, on the occasion of the launch of the Sustainability Commitments 2030. HeidelbergCement is thus renewing its commitment to corporate social and environmental...