Previous Close | 50.92 |
Open | 50.76 |
Bid | 51.10 x 110000 |
Ask | 51.24 x 110000 |
Day's Range | 50.72 - 51.22 |
52 Week Range | 43.49 - 76.80 |
Volume | |
Avg. Volume | 2,910 |
Market Cap | 9.875B |
Beta (5Y Monthly) | 1.38 |
PE Ratio (TTM) | 6.31 |
EPS (TTM) | 8.11 |
Earnings Date | N/A |
Forward Dividend & Yield | 2.40 (4.69%) |
Ex-Dividend Date | May 13, 2022 |
1y Target Est | 77.08 |
HeidelbergCement, the world's No. 2 cement maker, said on Tuesday it aimed to cut carbon dioxide (CO2) emissions by almost 50% by 2030 compared with 1990, part of an industry-wide push to decarbonise. The company will use recycled materials and carbon capture to reduce CO2 emissions to 400 kilograms per tonne, down from a previous target of 500 kilograms, highlighting its efforts to cut emission in the cement production, which is among the most polluting industrial processes. "We will make the transition a successful business case," Chief Executive Dominik von Achten said during the company's capital markets day.
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FRANKFURT (Reuters) -HeidelbergCement, the world's second-largest cement maker, on Wednesday reported a 27% drop in first-quarter core profit, blaming a significant increase in energy and logistics costs. "The first quarter of 2022 was not an easy one for HeidelbergCement," Chief Executive Dominik von Achten said. "Although there is still a lot of uncertainty concerning energy and raw material availability and costs, we continue to see strong demand for our products in all regions."