Heidelberg Materials AG (HDLMY)
Heidelberg Materials AG operates in the Construction Materials industry of the Basic Materials sector, headquartered in Heidelberg, BW, DE. The stock last traded at $38.51, down 1.28% on the session, giving a market capitalisation of $20.64B. On trailing twelve-month figures it carries a trailing P/E of 18.79, a net margin of 9.8%. Its beta of 0.91 implies it has historically moved less than the broad market.
Heidelberg Materials AG is a global enterprise that manufactures and supplies a wide array of construction materials through its various subsidiaries. Its primary product lines encompass cement, diverse aggregates (including natural stone varieties like sand and gravel, as well as crushed materials such as stone chippings and crushed stones), ready-mixed concrete, and asphalt. The company's ready-mixed concrete is utilized in numerous construction endeavors, ranging from major infrastructure projects like tunnels and bridges to commercial developments such as office buildings and schools. It also serves as a fundamental component for producing precast concrete elements, including stairs, ceiling panels, and other structural parts. Beyond manufacturing, Heidelberg Materials AG is actively involved in the trade of various commodities, including cement, clinker, secondary cementitious materials, solid and alternative fuels, and a range of other building materials and additives. Founded in 1873, the company updated its name from HeidelbergCement AG to Heidelberg Materials AG in May 2023. Its headquarters are located in Heidelberg, Germany.
Heidelberg Materials AG is most often compared with the following Basic Materials names: