4 June 2010
HeidelbergCement joins German DAX index
Today, Deutsche Börse decided at the recommendation of the Working Committee for Equity Indices that HeidelbergCement will be included in the DAX index, effective 21 June 2010.
“We are very happy about the inclusion in the blue chip segment, comprising the 30 largest listed companies in Germany,” says Dr. Bernd Scheifele, CEO of HeidelbergCement. “This marks the achievement of an important company target in 2010. Inclusion in the DAX reflects the successful development of our company over the past twelve months. Due not least to the high commitment and excellent performance of our employees and managers, we were able to reorganise the capital and financial structure of our company and place it on a solid basis. As one of the leading building materials producers in the world, HeidelbergCement offers a highly attractive product portfolio and has strong international market positions in Europe, North America, Africa and Asia-Pacific. The reputation of HeidelbergCement on the capital markets and as internationally active employer will be further strengthened by the inclusion in the DAX index.”
The successful capital increase in autumn 2009 set the stage for HeidelbergCement to become the first company in the construction and building materials sector to join the DAX index. The inclusion of HeidelbergCement was based on the fast entry rule, because the shares fulfilled the market capitalisation and order book turnover requirements.
HeidelbergCement is the global market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. The company employs some 53,000 people at 2,500 locations in more than 40 countries.