Heidelberg Cement

FRANKFURT, July 30 (Reuters) - Heidelberg Materials HEIG.DE may consider selling its Indian operations if the right opportunity arises, its chief executive said on Thursday, adding that for now the goal was to develop the business.

"If at some point there is an exit trigger we may think about it," Dominik von Achten told investors after presenting second-quarter results.

Heidelberg Materials owns 69.39% in Heidelbergcement India Ltd HEID.NS.

Moneycontrol last year reported UltraTech Cement, India's top cement producer by capacity, was in advanced talks with Heidelberg Materials to buy its local business, citing people familiar with the matter.

(Reporting by Christoph Steitz
Editing by Ludwig Burger)

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July 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA LTD JUNE-QUARTER NET PROFIT 305.5 MILLION RUPEES

• HEIDELBERGCEMENT INDIA LTD JUNE-QUARTER REVENUE FROM OPERATIONS 6.28 BILLION RUPEES

Source text: ID:nBSE1XsqLm

Further company coverage: HEID.NS

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May 25 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA MARCH-QUARTER NET PROFIT 452.1 MILLION RUPEES

• HEIDELBERGCEMENT INDIA MARCH-QUARTER REVENUE FROM OPERATIONS 6.46 BILLION RUPEES

• HEIDELBERGCEMENT INDIA LTD - DIVIDEND 7 RUPEES PER SHR

Further company coverage: HEID.NS

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By Susanna Twidale

LONDON, Feb 13 (Reuters) - Europe's benchmark carbon prices fell sharply this week to their lowest level since August 2025, sending shares in some power firms and EU industrials down with them.

Here's what you need to know about the European Union's Emissions Trading System (ETS) and what happened.

WHAT IS AN EMISSIONS TRADING SYSTEM?

An ETS sets a cap on the amount of CO2 emissions that a sector, or group of sectors, can produce. The cap decreases each year, to ensure emissions fall over time. The system creates CO2 permits, called EU Allowances (EUAs) for those emissions, which companies must buy for each metric ton of CO2 they emit.

WHO IS COVERED?

The EU's ETS, launched in 2005, covers about 40% of all EU emissions, forcing manufacturers, power plants and airlines flying within Europe to submit EU carbon permits each year for their emissions.

WHY DID THE PRICE FALL

Prices fell around 7% on Thursday after German Chancellor Friedrich Merz said late on Wednesday that Europe’s carbon market should be revised or even postponed at a gathering with industry executives.

Other EU leaders backed the idea on Thursday as they met in Belgium for a summit on European competitiveness, some of whom demanded the EU intervene in the carbon market to lower prices.

At around 71 euros/metric ton on Friday, the benchmark EU carbon contract CFI2Zc1 has fallen almost 20% since the beginning of the year.

Some EU lawmakers said the EU should slow the pace at which sectoral emissions caps are reduced. The European Commission also said it is looking to overhaul the support it gives to heavily emitting industries to prevent them moving to areas with lower pollution standards.

Some industries, such as steel and aluminium plants, are already given a free allocation of carbon permits, set using industry benchmarks and decreasing over time.

WHY DID THE CARBON FALL IMPACT COMPANY SHARES?

Carbon costs are embedded into European power prices with gas- and coal-fired power generators paying for each ton of carbon they emit and the cost being added to electricity prices. That means low carbon prices benefit polluters and have an adverse impact on firms with low-emission power generation such as renewable and nuclear power generators.

Shares in offshore wind giant Orsted ORSTED.CO fell almost 4% and Finland’s nuclear power producer Fortum FORTUM.HE fell 6.5% on Thursday.

In addition, shares in cement makers, Heidelberg Materials HEIG.DE and Holcim HOLN.S fell.

Analysts at Berenberg said that carbon regulation has been a positive for the cement sector, leading to efficiencies and higher prices for cement so manufacturers can recover carbon costs.

Firms that need to buy carbon credits often hedge their demand years in advance. Analysts have typically predicted prices would keep rising as the emissions cap is cut. Companies with large hedges of carbon permits could find they have paid more than they needed to for future cover if changes to the system meant prices continued to fall.

WHAT DO BUSINESSES SAY?

Many industry leaders have been vocal about the need to reform carbon pricing to help restore Europe’s competitiveness.

Jim Ratcliffe, founder of European chemicals giant Ineos, said this week the bloc's chemicals industry will not survive without lower power and carbon costs and called on the EU to suspend carbon levies for five years.

Other firms, such as utilities, argue that changing regulations could undermine investment in clean power technology. Emissions trading industry group IETA said long-term investment decisions depend on a credible and resilient regulatory framework and warned against increased political intervention in the market.

WHAT HAPPENS NEXT?

The EU is already planning to review the ETS, with a proposal due in Q3. That review was planned to redesign the system to comply with the bloc's 2040 climate target rather than making short-term interventions to limit prices, but fierce lobbying on all sides is expected in the run-up to the discussions.

(Reporting By Susanna Twidale;Editing by Elaine Hardcastle)

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Feb 6 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA DEC-QUARTER NET PROFIT 156 MILLION RUPEES

• HEIDELBERGCEMENT INDIA DEC-QUARTER REVENUE FROM OPERATIONS 5.74 BILLION RUPEES

Source text: ID:nNSE67Wnnh

Further company coverage: HEID.NS

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Dec 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• RECEIVES TAX DEMAND, PENALTY ORDERS FOR 520.7 MILLION RUPEES

Source text: ID:nBSE8WqD9z

Further company coverage: HEID.NS

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July 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA LTD - JOYDEEP MUKHERJEE RE-APPOINTED AS MD FOR THREE YEARS

Source text: ID:nNSE1PCd9z

Further company coverage: HEID.NS

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Jan 30 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA DEC-QUARTER NET PROFIT 51.9 MILLION RUPEES

• HEIDELBERGCEMENT INDIA DEC-QUARTER REVENUE FROM OPERATIONS 5.43 BILLION RUPEES

Source text: ID:nnAPN2LP205

Further company coverage: HEID.NS

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Jan 27 (Reuters) - India's largest cement producer UltraTech Cement ULTC.NS is in talks with German firm Heidelberg to acquire its listed Indian business, HeidelbergCement India HEID.NS, Moneycontrol reported on Monday, citing people familiar with the matter.

(Reporting by Chris Thomas in Bengaluru; Editing by Janane Venkatraman)

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Oct 28 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA SEPT-QUARTER NET PROFIT 112.1 MILLION RUPEES

• HEIDELBERGCEMENT INDIA SEPT-QUARTER REVENUE FROM OPERATIONS 4.61 BILLION RUPEES

Source text: ID:nNSE6w0NVp

Further company coverage: HEID.NS

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** Heidelbergcement India HEID.NS jumps ~15.5% in heavy volume

** Stock set for best one-day jump since March 2020

** Adani Group in talks to buy Heidelbergcement in ~$1.2 bln deal, Economic Times reports

** Adani Group, Heidelberg did not respond to requests for comment

** Over 4.5 mln HEID shares traded, already set for busiest day since Sept 2022

(Reporting by Ashna Teresa Britto in Bengaluru)

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Jan 31 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA LTD DEC-QUARTER NET PROFIT 314.7 MILLION RUPEES VERSUS 55.8 MILLION RUPEES

• HEIDELBERGCEMENT INDIA LTD DEC-QUARTER REVENUE FROM OPERATIONS 6.07 BILLION RUPEES VERSUS 5.40 BILLION RUPEES

Source text for Eikon: ID:nBSE52NlJq

Further company coverage: HEID.NS

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** Shares of HeidelbergCement India HEID.NS up as much as 2.58% at 192.7 rupees

** The building materials co said its net profit for the Sept qtr rose more than five-folds to 358 million rupees ($4.30 million)

** Rev from ops rose nearly 12% to 5.66 billion rupees

** Analysts' average rating is equivalent of "buy", their median PT is 178.5 rupees - LSEG data

** About 1.4 mln shares change hands as of 1:14 p.m. IST, 2.9 times the 30-day average

** Shares last up 1.8%, they gained 4% in Sept qtr

($1 = 83.2025 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Oct 3 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• UNAWARE ABOUT DEVELOPMENT ON REPORT 'JSW IN INITIAL TALKS TO CEMENT DEAL WITH HEIDELBERG MATERIALS FOR ITS INDIA BUSINESS'

Source text for Eikon: ID:nBSE523n9n

Further company coverage: HEID.NS

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July 18 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA JUNE-QUARTER NET PROFIT 523.2 MILLION RUPEES VERSUS 516.1 MILLION RUPEES

• HEIDELBERGCEMENT INDIA JUNE-QTR REV FROM OPS 5.96 BLN RUPEES VS 5.9 BLN RUPEES

Further company coverage: HEID.NS

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May 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• DIVIDEND OF 5 RUPEES PER SHARE

• MARCH-QUARTER NET PROFIT 349.7 MILLION RUPEES VERSUS 963.1 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 6.02 BILLION RUPEES VERSUS 6.20 BILLION RUPEES

Source text for Eikon: ID:nBSE3v6pts

Further company coverage: HEID.NS

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