Heidelbergcement Dividend 2024

Heidelbergcement AG, a company engaged in the production of materials used in construction, especially cement and aggregates, as well as ready-mix concrete, will generate revenues of EUR 21.1 billion in 2022.

It was founded in 1874 by Johann Philipp Schifferdecker, in Germany, producing eighty thousand tons of portland cement in 1896, acquiring a series of companies that allowed it to grow continuously, producing more than one million tons per year.

The company began its international expansion process in France in 1972, conquering American territory in 1977 with the acquisition of Lehigh Cement and entering the European market in 1990. Since then, it has maintained its growth strategy through partnerships and acquisitions, and today has a 150-year history, with a payroll of more than 51,000 employees.

The corporation produces and distributes a broad portfolio of products, including classic building materials such as cement, aggregates, gravel, sand, and crushed stone, as well as other specialty products for various applications, and complements its services with other concrete and asphalt mixing activities, including the seaborne coal trade.

It operates through 140 cement plants, close to 600 quarries and other pits around the world with more than 51 thousand employees, maintaining a strategy of opening production plants close to the markets to reduce the radius of road transport. Headquartered in Germany, it can be found in Benelux, France, Italy, Spain, United Kingdom, Albania, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Iceland, Kazakhstan, Norway, Poland, Romania, Russia, Slovakia, Sweden, Canada, USA, among others.