|Bid||48.02 x 110000|
|Ask||0.00 x 110000|
|Day's range||48.19 - 49.51|
|52-week range||46.93 - 76.86|
|Beta (5Y monthly)||1.35|
|PE ratio (TTM)||5.41|
|Forward dividend & yield||2.40 (4.80%)|
|Ex-dividend date||13 May 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."