Heidelberg Materials ADR

After review, the UN human rights office continues to list Heidelberg Materials among 214 companies said to contribute to the construction of Israeli settlements in the occupied territories. Heidelberg Materials rejects the listing and points to the cessation of activities by its subsidiary Hanson Israel in 2023, but the UN office stands by its assessment. The database, which also includes firms such as Airbnb and Expedia, is now in its fourth update and is officially intended for transparency; no specific legal consequences for listed companies are foreseen. » Altro su finanzen.net

Jefferies has reaffirmed its 'Buy' rating on Heidelberg Materials and kept the price target at €286. Analyst Glynis Johnson noted that the analyst consensus for EBITDA in 2026 and 2027 has recently stalled. The stock was trading at €144 and is down about 34.3% year-to-date in 2026. » Altro su finanzen.net

Heidelberg Materials plans to close the Ranville cement plant in Normandy in response to weak construction demand in France. The move is part of a restructuring of its European production network to align clinker supply with changed demand. The closure will affect 87 employees. » Altro su finanzen.net