Heidelberg Materials

Strong Q1; full-year guide maintained

  • Sectors : Building Materials
  • Companies : Heidelberg Materials

Ratings and price correct at time of issue.

  • Heidelberg Materials

    Closing Price: 17700c

  • RATING 30/05/24

  • PREVIOUS RATING 04/02/20

    NEUTRAL

DAVY VIEW

While Heidelberg Materials has retained its full-year 2025 guide, the market will assume upside risk based on Q1 results and the momentum that it implies for summer 2025. The share price, in our view, will require such upgrades as the year progresses.

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May 8 2025, 08:08 IST/BST

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