Heidelberg Materials Chief Forecasts Improved 2024 Demand Fueled by Infrastructure and Defence Spending
Heidelberg Materials expects slightly better 2024 market conditions driven by policy funds. The firm also eyes acquisitions with a ten billion euro budget.
Insights:
Dominik von Achten dominik von achten, the chief executive of Heidelberg Materials AG , announced on January 21, 2026, that the company expects slightly better market conditions for building materials in 2024. Speaking on the sidelines of the World Economic Forum in Davos, Switzerland, the head of what is currently the world's largest cement maker confirmed that the company is maintaining its operating result guidance for the period at between 3.3 billion euros and 3.5 billion euros. This outlook reflects a strategic shift toward public-sector demand amidst shifting global economic trends.
