Heidelberg Materials expects rising energy costs due to Iran war
06/05/2026 06:00
May 6 (Reuters) - Heidelberg Materials HEIG.DE, the world's second-largest cement maker, said on Wednesday it expected rising energy costs as a result of the conflict in the Middle East, as it reported first-quarter results in line with expectations and confirmed its outlook for the year. The company, whose business is among the energy-intense industries, said additional costs are to be partially compensated for by surcharges and price adjustments. (Reporting by Christoph Steitz; Writing by Linda Pasquini; Editing by Muralikumar Anantharaman) ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))
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