|Bid||51.10 x 110000|
|Ask||51.24 x 110000|
|Day's Range||50.72 - 51.22|
|52 Week Range||43.49 - 76.80|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||6.31|
|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.
HDELY vs. MLM: Which Stock Is the Better Value Option?
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."