Adverse weather in the Northeast hampered the first-quarter performance of Heidelberg Materials, which released its latest earnings report Wednesday.
Quarterly revenue in North America decreased 0.9 percent to 986 million euros. Heidelberg Materials’ result from current operations before depreciation and amortization in the region dropped 30.7 percent to 69 million euros.
The company pointed to “persistent political and economic uncertainties” and “the escalation of the conflict in the Middle East” as factors impacting first-quarter volumes in various regional groups.
Still, Dominik von Achten, chairman of the managing board at Heidelberg Materials, maintained a positive tone as he reflected on the company’s early-year performance.
“In a challenging geopolitical environment and under difficult weather conditions in many of Heidelberg Materials’ core markets, we have started the financial year 2026 with robust results,” von Achten says. “Thanks to our strong focus on cost discipline and price adjustments, we were able to partially compensate for declining volumes in the first quarter.”
Von Achten says a significant demand recovery is already underway in the second quarter in many of Heidelberg Materials’ markets.
“For the remainder of the year, we anticipate demand in our core markets to further stabilize,” he says. “At the same time, we are maintaining strict cost discipline and price adjustments.”
Upon releasing its first-quarter earnings, Heidelberg Materials highlighted its acquisition agreement for the construction business of the Maas Group, which supplies aggregates, ready-mixed concrete and asphalt in eastern Australia. Heidelberg Materials says the deal includes 40 quarries with aggregate reserves exceeding 350 million metric tons, as well as 22 ready-mix plants, two asphalt operations and a recycling site.
Related: How other producers fared in the first quarter of 2026
