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HeidelbergCement AG (HEI.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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51.86-0.16 (-0.31%)
At close: 05:36PM CEST
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Chart Events
Neutralpattern detected
Previous Close52.02
Open52.40
Bid51.78 x 50800
Ask51.80 x 17900
Day's Range51.68 - 53.34
52 Week Range47.01 - 76.98
Volume595,370
Avg. Volume785,630
Market Cap10.29B
Beta (5Y Monthly)1.43
PE Ratio (TTM)5.88
EPS (TTM)8.82
Earnings DateMar 16, 2022 - Mar 21, 2022
Forward Dividend & Yield2.40 (4.60%)
Ex-Dividend DateMay 13, 2022
1y Target Est66.26
  • Reuters

    HeidelbergCement gets more ambitious on CO2 cuts, sets financial targets

    HeidelbergCement, the world's No. 2 cement maker, said on Tuesday it aimed to cut carbon dioxide (CO2) emissions by almost 50% by 2030 compared with 1990, part of an industry-wide push to decarbonise. The company will use recycled materials and carbon capture to reduce CO2 emissions to 400 kilograms per tonne, down from a previous target of 500 kilograms, highlighting its efforts to cut emission in the cement production, which is among the most polluting industrial processes. "We will make the transition a successful business case," Chief Executive Dominik von Achten said during the company's capital markets day.

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  • Reuters

    HeidelbergCement launches $579 savings programme after Q3 profit drop

    FRANKFURT (Reuters) -HeidelbergCement, the world's No. 2 cement maker, launched a fresh 500 million euro ($579 million) savings programme to battle cost inflation, after higher energy costs caused a 11% drop in core profit. "The general conditions in the third quarter were very challenging due to the exceptionally high year-on-year basis in the previous year and the significant increases in energy costs in recent months," Chief Executive Dominik von Achten said. He said that while the company, which competes with Holcim, remained optimistic for the fourth quarter, it has launched a programme to offset costs inflation by at least 500 million euros by the end of 2022.

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