Skip to main content

HeidelbergCement reports record year in 2017

Published by
World Cement,

HeidelbergCement reported a record year in 2017, boosted by the integration of Italcementi into the results for the first full year. Revenue hit €17.3 billion, a 14% increase on the previous year, while earnings were also 14% higher at €3.1 billion.

Cement sales were 125.7 million t, a 22% increase on 2016, Sales of aggregates and ready-mixed concrete also showed double-digit growth. Asphalt sales were up 3%.

“2017 was an exceptional year for HeidelbergCement,” said Dr Bernd Scheifele. “In its history stretching back over 140 years, HeidelbergCement has never sold more cement, concrete, gravel, and sand than in 2017. New record figures were also achieved in revenue and result from current operations.”

Despite the record headline figures, pro-forma figures – which strip out the impact of the Italcementi integration – were less spectacular. Revenue rose just 2% on a like for like basis, while earnings were up 6%.

Pro-forma cement, aggregates, and asphalt sales were up just 1%, while ready-mixed concrete sales were down 3%.

Looking forward, the company expects a positive 2018, predicting rises in sales volumes of cement, aggregates, and ready-mixed concrete. It is targeting an moderate increase in revenues, while seeing earning rise by a “mid to high-single digit percentage before exchange rate and consolidation effects.”

Read the article online at:

You might also like


Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


World Cement Interview: IEEE East Coast Virtual Conference

David Bizley, Editor of World Cement, sat down with John Kline, Chairman of the IEEE East Coast Virtual Conference, to hear his thoughts on the impact of the pandemic on the cement industry, this year's virtual conference, and more.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Heidelberg Cement news Cement news 2018