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Heidelberg Materials AG (HDLMY) Q1 2026 Sales/Trading Cal...
SA Transcripts · 2026-05-07 · via All Articles on Seeking Alpha

Heidelberg Materials AG (HDLMY) Q1 2026 Sales/Trading Call May 6, 2026 8:00 AM EDT

Company Participants

Christoph Beumelburg - Director of Group Communication & Investor Relations
Dominik von Achten - Chairman of Managing Board
René Aldach - CFO & Member of the Managing Board

Conference Call Participants

Benjamin Rada Martin - Goldman Sachs Group, Inc., Research Division
Luis Prieto - Kepler Cheuvreux, Research Division
Paul Roger - BNP Paribas, Research Division
Elodie Rall - JPMorgan Chase & Co, Research Division
Arnaud Lehmann - BofA Securities, Research Division
Pujarini Ghosh - Bernstein Institutional Services LLC, Research Division
Yassine Touahri - On Field Investment Research LLP
Julian Radlinger - UBS Investment Bank, Research Division
Harry Goad - Joh. Berenberg, Gossler & Co. KG, Research Division
Glynis Johnson - Jefferies LLC, Research Division

Presentation

Operator

Ladies and gentlemen, welcome to the Heidelberg Materials First Quarter Results 2026 Conference Call. I am Sandra, the call's call operator. [Operator Instructions] The conference may not be recorded for publication or broadcast.

At this time, it is my pleasure to hand over to Christoph Beumelburg. Please go ahead, sir.

Christoph Beumelburg
Director of Group Communication & Investor Relations

Thank you, Sandra, and welcome from Heidelberg here with, as usual, Dominik Von Achten, CEO; Rene Aldach, our CFO; and the IR team. And after going through some prepared remarks, we get ample time for your questions.

So with that, very short intro over to you, Dominik.

Dominik von Achten
Chairman of Managing Board

Christoph, thanks. Hello, everybody. Great to have you on the call. Thanks for joining. Look, we had an interesting quarter in the start of 2026. Robust performance from our perspective, but quite significantly impacted by weather in U.S., Europe and partially, in Africa. So the revenue side, EUR 4.5 billion, RCO, EUR 0.2 billion, down from prior year quarter, but important for us, positive price over cost. And that, to a large extent, mitigates the volume impact that has been driven by the weather.