)
Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Heidelberg Materials
Heidelberg Materials (HEI) investor relations material
Heidelberg Materials Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Achieved record financial results for 2025, with RCO at €3.4 billion and EBITDA margin rising to 21.8%, supported by Transformation Accelerator Initiative savings of €380 million.
Free cash flow reached €2.1 billion, leverage stable at 1.2x, and ROIC hit a record 10.4%.
Shareholder return increased 10% through progressive dividend and share buybacks totaling €1.1 billion.
Launched evoZero®, the world’s first carbon-captured near-zero cement, and advanced CCS projects.
Maintained growth trajectory despite challenging market conditions, supported by strict cost management and diversified geographic presence.
Financial highlights
Revenue increased 1% year-over-year to €21.5 billion; RCO up 6% to €3.4 billion.
Adjusted EPS rose 4% to €12.41; ROIC improved to 10.4%.
Free cash flow at €2.1 billion with a 45% cash conversion rate.
Net debt increased, but leverage remained flat at 1.2x.
RCOBD margin improved to 21.8% from 21.3% year-over-year.
Outlook and guidance
2026 guidance: RCO expected between €3.40–3.75 billion, ROIC above 10%, and further CO₂ emission reductions.
CapEx net guidance €1.2–1.3 billion, with leverage to stay around 1.5x.
Positive outlook for North America, Africa, Mediterranean, Western Asia, and continued strength in Europe, especially Eastern and Southern regions.
Asia Pacific expected to see good momentum in Australia and India, with some challenges in Indonesia and China.
Anticipates further reduction in specific net CO₂ emissions and continued growth in core markets.
Market adoption of evoZero cement
Key areas for remaining €120M savings
Strategic rationale for Australia acquisitions
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Heidelberg Materials earnings date
Q1 2026 TU6 May, 2026
Heidelberg Materials
Next Heidelberg Materials earnings date
Q1 2026 TU6 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Heidelberg Materials AG engages in the production and distribution of cement, ready-mixed concrete, aggregates, and other building materials. The company also involves in the construction of asphalt sites, pipelines, and railway tracks; manufacture of concrete pipes and precast units; and provision of engineering services, as well as power generation services.
In addition, it offers prefabricated parts for industrial plants; technical building components; railroad traffic tracks; plant technology products; road construction equipment; motorcycle towing vehicles; and house ventilation products. The company was founded in 1873 and is headquartered in Heidelberg, Germany
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage