Europe


Europe Heavyside Overview


The Europe Heavyside Division comprises aggregates, asphalt, cement and concrete operations. With market leading positions and a wide geographic reach, our goal is to be the leading vertically integrated heavyside business in Europe.

What we do:

Europe Heavyside’s vertically integrated business is founded in resource-backed cement and aggregates assets, which support the manufacture and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products. Our portfolio is managed through a focus on value creation, with a strong pipeline of opportunities across regions, including merging markets in Eastern Europe that offer long-term growth potential. With a balanced approach to demand exposure and product penetration and through maximising the benefits of scale and best practice, our business is well differentiated in the marketplace.

How we create value:

We place great emphasis on performance improvement initiatives across the business and seek to create value through optimisation of the asset base, maximising Group synergies and leveraging commercial and operational excellence. The scale of our operations provides economies in purchasing and logistics management. Our commitment to sustainability is evidenced by extensive use of alternative fuels and the manufacture of low carbon cements. Enhanced alignment and collaboration leads to value creation throughout our extensive network of well-invested facilities.

Our development strategy is focused on identifying and integrating bolt-on acquisitions for synergies, reserves and further vertical integration, in addition to opportunities in contiguous regions to extend and strengthen regional positions.

How we are structured:

With effect from the beginning of 2016, the Division is organised into six primarily geographical regions to leverage market synergies and economies of scale, with a small number of central support functions. The regions are 1) Tarmac (UK); 2) UK Cement & Lime, Ireland and Spain; 3) France, Benelux and Denmark; 4) Switzerland and Germany; 5) North East: Finland, Estonia, Poland, Ukraine; 6) South East: Hungary, Romania, Serbia and Slovakia. Europe Heavyside employs over 27,000 people at close to 1,250 locations.


At a glance


  • 18  countries
  • 27,000 employees
  • 1,250 operating locations

 

Geography



Europe Heavyside Countries and Regions


  • Belgium
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Hungary
  • Ireland 
  • Netherlands
  • Poland
  • Romania
  • Russia
  • Serbia
  • Slovakia
  • Spain
  • Switzerland
  • Ukraine
  • United Kingdom


Europe Heavyside Leadership Positions

Activities Market Leadership Positions
Cement Top 10 Europe
  No. 1 Finland, Ireland, Slovakia, UK, Ukraine
  No. 2 Hungary, Romania, Serbia, Switzerland
  No. 4 Poland
Aggregates No.1 Finland, Ireland, UK
  No. 2 Switzerland,
  No. 3 Serbia (Sand and Gravel only)
Readymixed Concrete No.1 Finland, Ireland, Poland
  No. 2 Switzerland
  No. 3 UK
Agricultural & Chemical Lime No. 1 Ireland, UK
  No. 2 Poland
Concrete Products No. 1 Structural Concrete & Flooring: Benelux
  No. 1 Structural Concrete: Denmark
  No. 1 Utility Precast: France
  No. 1 Precast Structural Elements: Hungary
Architectural Concrete No. 1 Blocks: Ireland, UK
  No. 2 Rooftiles: Ireland
  No.1 Landscaping Products: Benelux, Finland, Poland, & Slovakia
  No. 1 Paving/landscape walling: Germany
  No. 2 Paving products: Denmark
Asphalt No.1 Ireland, UK

Europe Heavyside Sector Exposure

Sector Exposure - Europe Heavyside 


Europe Heavyside Volumes


Material Annualised Sales Volumes
Cement 26m tonnes
Aggregates
114.0m tonnes (118.5m tonnes*)
Asphalt
10.4m tonnes
Readymixed concrete
16.1m m3
Lime 1.5m tonnes
Concrete products & Architectural Concrete
13.1m tonnes






*Including equity accounted investments


Europe Heavyside Reserves

  Physical Location Proven & Probable
(million tonnes)
Period to depletion
(years)
Cement France 243 96
  Germany 161 61
  Ireland 212 92
  Poland 181 46
  Romania 184 50
  Serbia 108 176
  Slovakia 303 144
  Spain 86 285
  Switzerland 26 17
  UK 228 58
  Ukraine
126 41
Aggregates Finland 203 17
  France 259 30
  Ireland 1,087 85
  Poland 179 47
  Romania 118 47
  Spain 109 58
  UK 1,398 34
  Other 185 20
Lime Ireland, Poland, UK 204 95