Heidelberg Materials optimistic as building demand recovers in core markets

Heidelberg Materials expressed optimism for 2026 as demand for its building materials showed signs of recovery in core markets, despite ongoing volatility in certain regions, in the company's 2025 full-year earnings report published Feb. 25.

"Last year, we demonstrated our ability to maintain a growth trajectory even in a challenging environment," Dr. Dominik von Achten, chairman of the managing board, said.

"We continued to optimize our portfolio and strengthened our position through strategic acquisitions in key markets," he said.

In Europe, the company reported steady improvements in Eastern and Southern markets, with Western and Northern Europe beginning to recover, particularly in the second half of 2025. This trend is expected to carry into 2026, according to the report.

According to the company, the outlook for the North American market is positive for 2026, supported by solid pricing expectations and increased investment. While ongoing softness in residential construction persisted, it was anticipated that strong infrastructure spending and favorable momentum in large project activity would offset these challenges.

In the Africa-Mediterranean-West Asia region, Heidelberg Materials noted that organic growth continued to be propelled by geographically diversified market strategies.

In Asia-Pacific, the company expected robust market momentum in Australia in 2026, continued positive volume growth in India, and a potential recovery in Thailand throughout the year. However, challenges were expected to remain in China and Indonesia in the short term.

Platts, part of S&P Global Energy, last assessed CEMDEX Turkey at $53/mt FOB Feb. 19.