Heidelberg Materials Ag (HLBZF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Heidelberg Materials full year results 2025 conference call. I am Sergan, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to turn it over to Christoph Beumelburg. Please go ahead, sir. Thank you, operator. Good morning, good afternoon, good evening to everyone listening into our full year 2025 conference call. Thanks for dialing in. As usual, we have Dominik and René with us, CEO and CFO, plus the IR team in the room. We have some prepared remarks. We're going to go through them relatively quickly, and then, you know, take the time for your questions. Over to you, Dominik. Dominik Langevinkel Christ, thanks a lot. Hello, everybody. Sunshine in Heidelberg, 20 degrees. That's a good time to have a conference call. Great setting. Welcome. Let's go into the summary first page. Very good year for us. Yet another record year. I think all the key matrices go in the right direction. RCO reached a new record high at 3.4 billion euros. Aided down margin up. Important for us, you know, that we are very focused on improving the Structural profitability up to almost 22%. Also driven by a great success on the Transformation Accelerator Initiative that has already encountered 380 million euros of saving. Remember, the saving target is down the road 500 million by end of this year. I remember very well our Q3 conference call. Here you go. European margins increased to 20.5%....