Investment Highlights

HeidelbergCement is one of the leading building materials manufacturers worldwide with a:

  1. Strong asset base and outstanding product portfolio
    1. World market leader in aggregates: 19.6?billion tonnes of reserves and resources in attractive markets
    2. Very well balanced 177.4?million tonnes (195.6?million tonnes incl. joint ventures) of cement capacity around the globe

  1. Superior global footprint with strong presence in urban centres
    1. Leading vertically integrated player with key positions in cement, aggregates, RMC, and asphalt
    2. High share in most attractive micro markets in North America, Europe, Asia, and Africa
    3. Strong positions in fast growing metropolitan markets and resource areas with local production sites close to consumption centres

  1. Market leading operational performance
    1. Proven track record of cost cutting and efficiency improvement
    2. Comprehensive internal & external benchmarking to achieve and maintain excellence

  1. Strong management with most efficient organisational set up
    1. Flat hierarchies and slim central organisation with fast decision making
    2. Full operational responsibility for local management to maximise profits on country level
    3. Global functional coordination of key value drivers to ensure best practice exchange and realisation of synergies

  1. Significant future potential
    1. Accelerating growth and shareholder returns through four strategic levers
      • Operating leverage: significant potential as markets improve
      • Cost leadership: continuous efficiency improvement is part of HC’s DNA
      • Vertical integration of assets, processes, and business
      • Optimal geographic footprint to capture growth
    2. Increased shareholder returns through acquisition of Italcementi
    3. Attractive mid-term targets