During this year, Argos has recorded the highest levels of sales and EBITDA in our history, COP 8.5 trillion and COP 1.5 trillion, respectively. The United States, Argos´ main operation, has grew 23 % in revenue and 26 % in EBITDA in the quarter. We have reached a consolidated leverage level of 2.8 times, the...
Holcim has completed the acquisition of Cantillana, a specialty building solutions market leader in Belgium with 2022 estimated net sales of EUR 80 million. Cantillana offers a broad range of façade construction and external thermal insulation systems. This further strengthens Holcim’s position in building renovation and energy efficiency solutions, building on the recent acquisitions of...
Holcim has acquired Teko Mining Serbia, one of the country’s largest independent aggregates companies with estimated 2022 net sales of over EUR 20 million. A highly profitable company with substantial reserves, Teko Mining sells 2.4 million tons of aggregates per year. The acquisition includes Teko’s four quarries and will strengthen Holcim’s footprint in the dynamic...
Acquisition to expand Holcim’s roofing and insulation business Proven double-digit growth engine in the highly profitable US spray foam insulation market Annual sales of USD 200 million for 2022 Highly regarded brand for sustainable new builds and green retrofitting projects Accelerates Holcim’s growth in Solutions & Products in the US Holcim has entered into an...
Adani Group to acquire Holcim’s full stakes in Ambuja Cement and ACC for CHF 6.4 billion Holcim to focus on expanding Solutions & Products, building on recent investments of CHF 5 billion Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement,...
Consolidated net revenue totaled R$22.3 billion in 2021, an increase of 33%. Adjusted EBITDA was R$5.2 billion, up 37% over the previous year. EBITDA margin was 24%, 1 percentage point higher than in 2020. Leverage, measured by the net debt/adjusted EBITDA ratio, dropped from 1.95x to 1.55x, the best level in the last ten years....