Heidelberg Materials ADR

Heidelberg Materials, according to CEO Dominik von Achten, supplies building materials for large semiconductor and data center projects and expects AI-related construction investments to remain the main growth driver into the next decade. Housing demand is unlikely to recover until interest rates stabilize. Von Achten urged that Europe must strengthen its industrial competitiveness and also adopt production know-how from China. The stock is trading lower against this backdrop. » More on finanzen.net

BlackRock has published a voting rights notification stating that its total stake in Heidelberg Materials on 27 July 2026 amounted to 5.21%. Directly attributable voting rights are 9,086,654 shares (5.15%), plus instruments totalling 93,019 votes (0.05%) and a securities loan of 1,044 votes (0.001%). The total number of the company's voting rights is 176,365,065. » More on de.investing.com

Heidelberg Materials reports second-quarter revenue of €6.04 billion and an adjusted operating result (adjusted EBIT) of €1.09 billion, up 6.4% and 3.6% respectively year on year. CEO Dominik von Achten sees a noticeable recovery in demand in core markets and points to strategic transactions as growth drivers. For 2026 the company targets adjusted EBIT of €3.4 to €3.65 billion, aiming to at least maintain last year’s level; the upper bound is slightly below the previous plan. » More on deraktionaer.de