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Heidelberg Materials AG ADR (HDLMY)
OTHER OTC:HDLMY
Earnings Data
Report Date
May 13, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong set of operational and financial achievements — record RCO, improved margins, substantial Transformation Accelerator savings, healthy cash generation and active, disciplined M&A — alongside clear innovation progress in low-carbon products, CCS and digital/automation initiatives. Key challenges are persistent volume declines (a multi-year headwind), regional demand softness (notably parts of Asia‑Pacific and ready-mix in North America), restructuring cash outs and regulatory uncertainty around EU ETS/CO2 pricing that could delay some CCUS investments. Management emphasized confidence in margin expansion, a full M&A pipeline, and continued progress on cost and decarbonization levers, indicating that the positives materially outweigh the negatives.Company Guidance
Record RCO and strong top-line performance
Reported RCO reached a record EUR 3.4 billion (up from EUR 2.5 billion in 2022, ~+36%), underpinning management's claim of a 'very good year' and supporting the midterm 7%–10% RCO growth ambition.
Improved profitability and margins
Group EBITDA margin rose to almost 22%; Europe EBITDA margin increased to 20.5%; cement EBITDA margin highlighted at ~30% in key markets — showing meaningful structural profitability improvement.
Transformation Accelerator (TAI) delivery
TAI has delivered EUR 380 million of savings year-to-date (≈76% of the EUR 500 million target), with management confident of surpassing the EUR 500 million target by year-end; reported fixed-cost reduction of ~EUR 40 million (EUR 80 million like‑for‑like after inventory effects).
Strong cash generation and capital returns
Free cash flow of EUR 2.1 billion (slightly down EUR 60 million year-on-year), cash conversion achieved at 45% (2025 target reached), record ROIC at 10.4%, and shareholder return up 10% including EUR 1.1 billion share buybacks (shares canceled); third buyback tranche planned (~EUR 450 million).
M&A momentum and disciplined deal metrics
Pipeline described as 'full' with targeted acceleration in 2026; signed agreement to acquire Maas Group construction materials in Australia (AUD 1.7 billion transaction value; after-synergies multiple ~8.4x); acquisitions contributed ~EUR 65 million to RCO and ~EUR 113 million to EBITDA in 2025.
Product and technology leadership (decarbonization & digital)
Launched evoZero (near-zero cement) with initial customer adoption; CCS progress with Brevik operational and Padeswood kicked off; alternative fuel rate improved by 300 basis points year-over-year; autonomous truck pilot completed (2 million tonne haul, expected paybacks <2 years) and digital partnerships (Command Alkon, Giatec, Pathways, C60) to scale offerings.
2026 cautious but positive outlook
Management guided RCO between EUR 3.4 billion and EUR 3.75 billion, ROIC above 10%, continued CO2 emissions reductions, CapEx guidance ~EUR 1.2–1.3 billion, and intention to keep leverage around midterm target area (management noted flexibility around ~1.2x–1.5x).
Operational highlights by region
Europe showed convincing Q4 performance despite winter; North American aggregates delivered strong EBITDA margin (~33.3% in aggregates); Australia showing market improvement (Q4 +10% and improving into Jan/Feb).
HDLMY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HDLMY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2025 | $28.65 | $29.76 | +3.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Heidelberg Materials AG ADR (HDLMY) report earnings?
Heidelberg Materials AG ADR (HDLMY) is schdueled to report earning on May 13, 2026, TBA (Confirmed).
What is Heidelberg Materials AG ADR (HDLMY) earnings time?
Heidelberg Materials AG ADR (HDLMY) earnings time is at May 13, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HDLMY EPS forecast?
Currently, no data Available