Consolidated global net revenue in the year was R$26.7 billion, up 3% compared to 2022. Record adjusted EBITDA of R$5.8 billion, an increase of 18% over the previous year. EBITDA margin was 22%, up three percentage points compared to 2022....
- March 25, 2024
- 9 Min Read
Heidelberg Materials is continuing its progressive dividend policy: The Managing Board and Supervisory Board will propose to the Annual General Meeting, which will be held on 16 May, to distribute a dividend of €3.00 per share for the 2023 financial year....
- March 21, 2024
- 2 Min Read
The World Cement Association (WCA) is joining as a Partner in a strategic collaboration for all Industry link events in 2024. Out of deep concern for climate change, the association members are making a stand to enhance efforts for decarbonization...
- March 21, 2024
- 3 Min Read
Cemex expects to accelerate growth in the US, lead profitable decarbonization in Europe, leverage leading position in Mexico, and scale its fast-growing Urbanization Solutions business. Strong free cash flow, consistent results, and Investment Grade rating should enable increased flexibility in...
- March 21, 2024
- 3 Min Read
On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025. The share...
- March 15, 2024
- 2 Min Read
Rating agency Standard & Poor’s (S&P) announced today that it has upgraded Cemex’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. “Achieving an investment-grade...
- March 15, 2024
- 1 Min Read
Decarbonisation technology company, Leilac, is pleased to announce the Leilac-2 project will be hosted at Heidelberg Materials’ Ennigerloh cement plant in North Rhine-Westphalia, Germany. The selection of Ennigerloh as the Leilac-2 host plant is the result of a thorough...
- March 4, 2024
- 3 Min Read
The European Green Deal and especially the Climate Law (EC/2021/1119) impact not only the operation of power plants and by this the production of e.g. fly ash, but also the transport sector and the energy efficiency of buildings. To achieve...
- February 29, 2024
- 3 Min Read
By 2050, the cement industry aims to achieve carbon neutrality across the entire value chain – clinker, cement, concrete, construction, and (re)carbonation, a strategy we refer to as our 5C approach. Further details on the 5C approach are available in...
- February 26, 2024
- 2 Min Read
Council and European Parliament negotiators reached a provisional political agreement today on a regulation to establish the first EU-level certification framework for carbon removals. The voluntary framework is intended to facilitate and speed up the deployment of high-quality carbon removal and...
- February 20, 2024
- 7 Min Read
