HERIGE Industries: Revenue Up 3% in Q1, Concrete Drives Growth
HERIGE Industries recorded a revenue of EUR 100.5 million in the first quarter of 2026, up 3.0% compared to the same period in 2025. However, the recovery remains uneven: the Concrete activity grew by 7.6% driven by volume and price effects, while Industrial Joinery showed modest growth of 1.0%, slowed by unfavorable weather conditions at the start of the year.
Concrete Ahead, Joinery Lagging
The group displays a stark contrast in performance between its two business areas. The Concrete Industry progressed by 7.6%, driven by a solid performance in Ready-Mix Concrete both in volume and price. Price increases implemented at the start of the fiscal year have offset the rising costs of raw materials. The Prefabrication sector also remains well-oriented, with the ramp-up of Vitaliss ABA+ products (concretes with reduced carbon footprint) now representing 25% of total volumes. Industrial Joinery, which accounts for EUR 59.0 million in revenue, shows much more moderate growth of 1.0%. Production activity suffered a significant impact from weather conditions early in the quarter, partially mitigated by a favorable calendar effect of one day. The construction activity remains generally supported, but without generating significant momentum.
Contrasting Macroeconomic Conditions
HERIGE Industries emphasizes that the recovery in the construction sector remains closely dependent on the restart of individual house construction. The group highlights the need for structural measures: support for energy renovation, simplification of regulatory frameworks, and stability of public schemes. The launch of the Jeanbrun Relance Logement initiative at the beginning of the year reflects a commitment to support the sector. However, the group notes that short-term visibility remains limited. Persistent geopolitical tensions continue to fuel uncertainties about the evolution of energy and raw materials costs.
Strategy Focused on Operational Performance
In this context, HERIGE Industries continues its efforts to enhance operational performance to support the gradual market recovery and strengthen its competitiveness. The group maintains a clear focus on improving internal efficiency. For investors, the central challenge lies in the group's ability to sustain this growth in a macroeconomic environment that remains dependent on public housing support policies and exposed to risks of inflation on raw materials.
