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Press release Quarterly Statement January to March 2021 HeidelbergCement with significant margin increases in all regions in the first quarter of 2021 HEIDELBERGCEMENT - Group revenue rises by 1 % to € 3,958 million ( like - for - like * : + 4 % ) - Result of current operations before depreciation and amortisation ( RCOBD ) rises by 33 % to € 538 million ( like - for - like * : + 38 % ) ; result of current operations ( RCO ) rises by 280 % to € 233 million ( like - for - like * : + 295 % ) - Significant margin increase in all regions , particularly in North America , Europe , and Africa Eastern Mediterranean Basin - Next step in portfolio optimisation : disposal of the aggregates business and two ready - mixed concrete plants in Greece - Important target of " Beyond 2020 " strategy achieved : upgrade of the rating by rating agencies S & P and Moody's in solid investment grade range ( BBB and Baa2 , respectively ) - Strong first quarter confirms optimistic outlook for 2021 * Adjusted for consolidation and currency effects " HeidelbergCement has made an excellent start to 2021 , " said Dr. Dominik von Achten , Chairman of the Managing Board . “ In all Group areas , we have once again been able to significantly increase our results and margins compared with an already strong first quarter in the previous year . This is a seamless continuation of our very good development in recent quarters ” . Positive development of sales volumes in the first quarter of 2021 In the first quarter , sales volumes in all business lines increased compared with the previous year . Group - wide cement and clinker sales volumes increased by 2.4 % to 28.4 million tonnes ( previous year : 27.7 ) . Excluding consolidation effects , the increase amounted to 2.9 % . Increases in sales volumes in the Group areas Asia - Pacific , Africa - Eastern Mediterranean Basin and , in particular , Western and Southern Europe more than offset volume losses in Northern and Eastern Europe Central Asia and North America . Deliveries of aggregates increased by 2.0 % year - on - year to 61.3 million tonnes ( previous year : 60.1 ) . While volumes rose in North America , Asia - Pacific and above all in Western and Southern Europe , they significantly decreased in Northern and Eastern Europe - Central Asia as well as in Africa - Eastern Mediterranean Basin . Contact : Director Group Communication & Investor Relations Christoph Beumelburg , Tel .: +49 ( 0 ) 6221 481 13249 info@heidelbergcement.com MATERIAL 5 May 2021 TO BUILD OUR FUTURE