HEIDELBERG MATERIALS AG Dr Bernd Scheifele March 2024
2 | March 2024 | Governance Presentation |
1
Overview & review 2023
51,000 | 3,000 | Leading positions in cement, |
employees | locations | aggregates, and ready-mixed |
worldwide | concrete | |
on 5 continents | ||
4 | March 2024 | Governance Presentation |
Overview & review 2023
Africa - East MB
9% | Aggregates |
22%
Asia - Pacific
18%
FY 2023 | 48% Europe | FY 2023 | 51% | Cement |
27%
25% | Ready Mix & |
North America | Asphalt |
Difference of totals to 100% is due to intercompany eliminations and trading business.
5
March 2024 | Governance Presentation |
Overview & review 2023
1)1)
Strong pricing | Record high RCO, | Solid | Record ROIC, we | Significant |
drives top-line | despite volume | improvement | continue to earn | improvement |
growth | pressure | driven by strong | premium on our | (+0.9 €bn vs. PY) |
operational | cost of capital | with cash | ||
performance | conversion rate | |||
above 50% |
- All like-for-like, excluding currency and scope impacts
- Preliminary and unaudited figures; final and audited figures will be published in the combined Annual and Sustainability Report 2023
6 | March 2024 | Governance Presentation | |||
Third year in row
with around
1 billion EUR
return to
shareholders
Specific CO2
emissions
reduced further by 17 kg per ton of cem. material2)
Overview & review 2023
Progressive dividend increase
will continue in the upcoming years
Dividend per share (€)
New share buyback program of 1.2 €bn
(2024-2026)
20% increase vs. previous program
Share buyback
Dividend - Minorities
Dividend - HMAG
2.20
2.40
2.60
968 978
350 350
877
298
181 169 95
437 458 484
2020 | 2021 | 2022 | 2023 E | 2024 E | 2025 E | 2021 | 2022 | 2023 | 2024 E | 2025 E | 2026 E |
7
March 2024 | Governance Presentation |
Overview & review 2023
We focus on what we do best: heavy building materials.
We commit to generate 50% of our revenue from sustainable products by 2030.
We commit to reduce CO2 emissions by almost 50% to 400 kg CO2/t CEM by 2030.
We will make this transition a successful business case: on growth, margins, cash flow, ROIC, and leverage.
We drive the change for the benefit of our customers, our shareholders, our employees, and the society we live in.
8 | March 2024 | Governance Presentation |
2
Our path to net zero
400kg CO2/t cementitious material as average across the whole portfolio in 20301
47% emission reduction2 across the cementitious materials portfolio by 2030
50% of our revenue will be generated from sustainable products by 2030
Corporate carbon footprint reduction in line with
SBTi 1.5°C path by 2030
1 Scope 1, 2 acc. to GCCA; 2 Reference year 1990 with an average of 750 kg CO2/t of cementitious material
10 | March 2024 | Governance Presentation |
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Heidelberg Materials AG published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 14:18:05 UTC.
