"In Q1 2023, net sales grew organically by 8% and Recurring EBIT by 12%. This profitable growth was led by strong performances across our building materials businesses. Our teams continued our fast-paced execution, with 12 value-accretive acquisitions, including Duro-Last, completing our range of flat roofing systems. With strong underlying trends across all our businesses, we are confident we will close the full year strong. We are upgrading our guidance accordingly to achieve organic net sales growth of above 6% and organic Recurring EBIT growth of above 10%, while delivering an industry-leading Recurring EBIT margin of above 16%.

In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program

CO2 per net sales reduction of 21% in 2022 with goal to reduce by over 10% in 2023 Upgraded 2030 climate targets in line with SBTi 1.5°C framework, validated by Science Based Targets initiative CHF 2 billion investment in carbon...

  Adjusted EBITDA was R$4.9 billion, 6% lower than the previous year. EBITDA margin was 19%, five percentage points lower than in 2021. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.55x, the same as 2021 and the best...

CEMEX’s update to its Green Financing Framework aligns it with its more ambitious decarbonization goals announced in 2022. Through this update, CEMEX will strengthen financing avenues for innovative technology needed to reach carbon neutrality. CEMEX announced that it has updated...

The Science Based Targets initiative (SBTi) has validated Heidelberg Materials’ 2030 carbon reduction targets under its new 1.5°C framework Heidelberg Materials commits to individual scope 1 and 2 targets as well as a scope 3 target for 2030, in relation...

“We closed 2022 with a very good result thanks to a great finish in the fourth quarter,” says Dr. Dominik von Achten, CEO of Heidelberg Materials. “As part of our Customer Excellence Programme, we were able to more than offset...

Manufacturing has demonstrated continued strength in 2022, building on the momentum it gained emerging from the pandemic, and surpassing expectations from the prior two years. While overall demand and production capacity have hit recent highs, there are indications that the...

2023 will be a crucial year for the built environment in Europe with the publication by the European Commission of the Construction Ecosystem Transition Pathway and the Whole life Carbon Roadmap. This is why the four European associations representing the...

Japan shut down its power plants in the wake of the nuclear accident and switched to coal and natural gas. The need to move to renewable energy has, of course, been more pressing over the past ten years, and he...