North America a key first-quarter contributor for Heidelberg Materials

By |  May 10, 2023

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Heidelberg Materials offered broad insights about its first-quarter financial performance, noting that sales volumes globally declined as a result of the economic downturn linked to lower construction activity – especially in residential.

Still, Heidelberg Materials’ revenue rose 10.6 percent in the quarter versus the prior-year period. First-quarter earnings from operations before depreciation and amortization rose 41.3 percent, the company says.

Inflation and elevated financing costs were factors in Heidelberg Materials’ financial results.

“We have had a good start into the year,” says Dominik von Achten, chairman of the managing board at Heidelberg Materials. “In the first quarter, we were able to achieve a strong increase in revenue and results. Our operations in North America and Europe made a particular contribution to this success. We can keep building on this during the rest of the year. We are optimistic about the full year 2023.”

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Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or

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