Full-year net sales of CHF 27,009m, recurring EBIT of CHF 4,760m and industry-leading recurring EBIT margin of 17.6% Free cash flow after leases of CHF 3,705m Earnings per share[1] up 9% to CHF 5.42 Proposed 12% increase in dividend to CHF 2.80 per share New share buyback of CHF 1 bn in 2024 Strong 2024...
Cemex Germany continues to invest in more sustainable transport for its products. The building materials company has taken delivery of two fully electric truck mixers from Putzmeister, which will become part of the Berlin truck mixer fleet. Now, even more Cemex customers will be able to have their ready-mixed concrete delivered to the construction site...
Cemex is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy. Madrid and its surrounding areas are currently undergoing major urban expansion. Through this acquisition, Cemex is better positioned to serve customers in the area, particularly for infrastructure projects. The deal strengthens...
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing, needs to tools and adhesives all...
“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 the sharp rise in energy costs in the fourth quarter for the first time during...
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 concrete sector and its value chain – BIBM (the Federation of the European Precast Concrete...
CEMEX announced the launch of a new range of additives of natural origin, designed for a lower carbon footprint. These additives use natural, renewable, locally sourced raw materials, and can achieve up to 70% lower carbon footprint than petroleum-based additives. Admixtures are added to concrete mixes to strengthen attributes such as strength, malleability, and water...
Conclusions from various summits, conferences and meetings show that despite unprecedented climate distress, from radical weather changes with regional impact to local phenomena, we are still heading a one-way road towards climate disaster. Pledges are not being kept and solutions remain declarative. CarbonZero Global Conference and Exhibition – second edition – is announced for October...
Heidelberg Materials acquires the Mick George Group, which operates more than 40 sites in the UK including major recycling facilities, aggregates quarries, and ready-mixed concrete plants The company’s fully integrated recycling, quarrying, concrete, and earthmoving business will significantly strengthen Heidelberg Materials’ circular economy activities Recirculation of building materials from production to recycling is key to...
Heidelberg Materials acquires RWG Holding GmbH based in Berlin, Germany Investment strengthens activities in circular economy Reuse of building materials and concrete recycling are key to achieving Heidelberg Materials’ ambitious climate targets Heidelberg Materials will take over Berlin-based RWG Holding GmbH, subject to approval by the relevant antitrust authorities. RWG is an integrated provider in...