Earnings PerformanceHeidelberg Materials should publish one of the better results in the sector, driven by the continued positive ramp-up effect at Mitchell and a solid recovery in Eastern Europe and North Africa.
Strategic ExpansionHeidelberg Materials announced the signing of a strategic agreement to acquire the controlling stakes in Asment de Témara, increasing the group’s market share in a high-priced and high-margin market.
Value PropositionThere is significant value upside at over 30% due to the high North American aggregates exposure.