Heidelberg Materials (ETR:HEI) First Half 2024 Results

Key Financial Results

• Revenue: €10.0b (down 4.5% from 1H 2023).

• Net income: €579.9m (down 24% from 1H 2023).

• Profit margin: 5.8% (down from 7.2% in 1H 2023). The decrease in margin was driven by lower revenue.

• EPS: €3.19 (down from €4.07 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Heidelberg Materials Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Basic Materials industry in Europe.

Performance of the market in Germany.

The company's shares are down 3.4% from a week ago.

Risk Analysis

Be aware that Heidelberg Materials is showing 1 warning sign in our investment analysis that you should know about...

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