Heidelberg Materials posts higher than expected Q3 profit on cost, price management

Heidelberg Materials AG

06/11/2025 05:58

FRANKFURT, Nov 6 (Reuters) - Heidelberg Materials HEIG.DE, the world's second-largest cement maker, on Thursday posted third-quarter operating profit that came in slightly higher than expected, citing an "uncompromising focus" on cost cuts and price increases.

The quarterly result from current operations (RCO) came in at 1.18 billion euros ($1.38 billion), it said, up 5% year-on-year and higher than the 1.16 billion average estimate in a poll provided by the company.

Heidelberg Materials also narrowed the forecast range for RCO for the full year, now expecting 3.30 billion to 3.50 billion euros, while having previously expected 3.25 billion to 3.55 billion euros.

 ($1 = 0.8575 euros)

 (Reporting by Christoph Steitz, Editing by Miranda Murray)

 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))