Heidelberg Materials’ result from current operations (RCO) rose year-on-year by €54 million or 5% to €1,179 million (previous year: €1,124) in Q3 2025. The German global building materials giant’s revenue increased slightly (+€51 million or 1%) to €5,807 million (from €5,756 million in the previous year). Meanwhile, the Group’s operating margin improved by around 0.7% to 25.9% (from 25.2% in Q3 2024).
Heidelberg Materials’ Transformation Accelerator initiative, announced in November 2024, is proceeding according to plan and is said to have contributed significantly to the results in the first nine months of 2025. The focus of the initiative lies in the optimisation of the production network, enhancements to cross-functional efficiency, and technical initiatives on a global scale. Heidelberg Materials is convinced that the initiative will achieve its annual target of at least €500 million in savings by the end of 2026.
In September 2025, Heidelberg Materials and the UK government reached a funding agreement for the construction of a carbon capture facility at the Padeswood plant in England. Construction is scheduled to begin in the current financial year. The new plant is expected to capture approximately 800,000 tonnes of CO₂ annually and is earmarked to be operational by 2029. Following the opening of Brevik CCS in June 2025, Padeswood CCS will serve as Heidelberg Materials’ second facility, enabling the production of evoZero at a much larger scale.
The first customers across Europe are already benefiting from evoZero deliveries. For example, the product will be used in the construction of the new Skøyen metro station in Oslo, Norway, by Skanska, a leading project development and construction company in Europe and North America. The German project DREIHAUS, currently building a total of three 3D-printed houses in Heidelberg, will also utilise evoZero. DREIHAUS will serve as a new benchmark for the serial 3D printing of residential buildings using sustainable building materials and is already utilising the sustainable products from the evoBuild portfolio.
The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, has selected four of Heidelberg Materials’ pioneering projects in the field of carbon capture, utilisation, and storage (CCUS) for grant agreement preparation under its Net-Zero Technologies Call. These grants are awarded to industries deploying innovative near-zero technologies. The selected projects are Anthemis in Belgium, AirvaultGOCO₂ in France, DREAM in Italy, and HuCCSar in Poland.
“We continued our growth trajectory in the third quarter of 2025, despite ongoing political and economic uncertainties. Our uncompromising focus on active price and cost management in all Group areas contributed significantly to improving our result and further expanding our profitability in the third quarter. Our Transformation Accelerator initiative played a key role in enhancing our margins through substantial savings,” said Dr Dominik von Achten, Chairman of the Managing Board of Heidelberg Materials. “We remain confident about the year as a whole. Based on the business development to date, we confirm our positive outlook for 2025.”
“With the start of deliveries of evoZero – the first carbon-captured near-zero cement – to customers across Europe, we have noticeably driven forward the transformation of the construction industry. The globally unique product is manufactured in our pioneering CCS facility in Brevik and gives our customers a clear competitive advantage on the path to CO₂-reduced construction. With the final investment decision for our CCS project in Padeswood, United Kingdom, we are further expanding our pioneering role in sustainability.”
Based on the business development in the first nine months of 2025, Heidelberg Materials remains confident and confirms the positive outlook. The company specifies the result from current operations (RCO) to be between €3.3 billion and €3.5 billion (previously: between €3.25 and €3.55 billion). ROIC is expected to remain at around 10%. The company continues to expect a slight further reduction compared to 2024 in specific net CO₂ emissions per tonne of cementitious material.
