2016 was a special year for HeidelbergCement for two reasons: With the takeover of Italcementi we significantly strengthened our market positions in North America, Europe, Asia, and Africa. In our core business lines aggregates, cement, and ready-mixed concrete, we are number one, two and three globally. The compelling logic of this acquisition and the positive development
of HeidelbergCement in recent years have convinced the rating agencies which awarded HeidelbergCement an investment grade rating. Thanks to this rating, our financing conditions on the capital market have improved considerably.
- Revenue rises by 13 % to €15.2 billion
- Earnings per share, adjusted for non-recurring effects, increases by 23 % to €5.34
- Dividend was increased substantially by 23 % to €1.60 per share.
The strategic priorities remain unchanged: continuous growth and value creation for our shareholders. We focus on five areas: increasing customer satisfaction, high operating leverage, cost leadership, vertical integration, and an optimised geographical positioning.
We are cautiously optimistic concerning 2017. Areas of focus in 2017 will be the conclusion of the integration of Italcementi and reduction of net debt. From a global perspective, we are well positioned to achieve our strategic goals – continuous growth and sustainable value creation for our shareholders.