HeidelbergCement is one of the world’s largest building materials companies. With the takeover of the Italian cement producer Italcementi, HeidelbergCement became the number 1 in aggregates production, number 2 in cement, and number 3 in ready-mixed concrete. Both companies complement each other perfectly: on the one hand due to major similarities in product areas and organisation structures, and on the other hand due to their different geographical footprints without major overlaps. In the significantly expanded HeidelbergCement Group, around 60,000 employees work at more than 3,000 production sites in around 60 countries on five continents.
The core activities of HeidelbergCement include the production and distribution of cement and aggregates, the two essential raw materials for concrete. Our downstream activities include mainly the production of ready-mixed concrete, but also of asphalt and other building products in some countries. With the acquisition of Italcementi, we have significantly expanded our maritime trading activities.
Cement production is by its very nature raw-material- and energy-intensive. That’s why we build our long-term success on sustainable business practices. This includes securing access to raw materials reserves, efficient and innovative production processes, the development of new products and the use of alternative raw materials and fuels. HeidelbergCement is also active in the promotion of biodiversity at its extraction sites.
HeidelbergCement is divided into five geographical Group areas. Within the Group areas, we have divided our activities into four business lines. Our global trading activities are pooled together in the sixth Group area Group Services.
Financial Highlights HeidelbergCement
* Italcementi fully consolidated since 1 July 2016.
** Number of employees at the end of December.
The 12.6% increase in revenue was primarily due to the consolidation of Italcementi. Revenue was influenced by negative exchange-rate effects due to the devaluation of several currencies compared to the euro.
The 7.5% increase in result from current operations was the result of successful profit margin improvement programmes, the realisation of initial synergies from the integration, and substantially lower energy costs.
The 32.9% increase in the number of employees is mainly due to the acquisition of Italcementi. The integration of these new employees is one of the focal points of our human resources work.
140 Years HeidelbergCement
Growth in sales volumes of cement, aggregates, and RMC expected
Moderate increase in revenue and mid-single to double digit percentage increase in result from current operations on a comparable pro forma basis; significant rise in profit for the financial year before non-recurring effects
Integration of Italcementi ahead of plan: synergies increased to €m 470
HeidelbergCement well positioned to benefit from good and stable development in industrial countries