Holcim’s Board of Directors today announced the proposal of Kim Fausing as Chairman of the Board of Directors of Holcim. Subject to vote at the Annual General Meeting 2025, Kim Fausing will succeed Jan Jenisch, who will not stand for re-election following his appointment as the designated Chairman and CEO of theplanned North American company....
Holcim takes the next steps towards the planned listing of its North American business and has designated its future Board members. The Board will comprise 10 members and will become effective following the execution of the planned spin-off, expected by the end of the first half 2025, subject to shareholder and customary approvals. Jan Jenisch...
Carbon capture and storage project in Martres-Tolosane, France, selected for EU Innovation Fund grant Highly scalable project harnesses mature technologies and deep partnerships Holcim now has seven large-scale EU-supported CCUS projects to advance European Green Deal Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon...
Jaime Hill, Country CEO of Mexico, is appointed Region Head North America effective immediately. He succeeds Toufic Tabbara, who has decided to pursue opportunities outside of Holcim. As Country CEO of Mexico, Jaime Hill has consistently delivered leading profitable growth, making Mexico the second biggest contributor to Holcim’s EBIT worldwide. He joined Holcim in 1996...
The first half of 2024 has been a period of mixed outcomes for major cement producers, with a general trend of sluggish sales but stable or growing earnings. Votorantim Cimentos, along with other key players such as Holcim, CRH, Heidelberg Materials, and Cemex, released their half-year results, providing insight into the industry’s performance so far...
Record recurring EBIT, up +12.7% in local currency, up +8.1% in CHF Net sales up +1.6% in local currency. Record recurring EBIT margin of 23.2% (+210 bps) in Q2 2024 +10.0% growth in EPS before impairment and divestments Disciplined M&A execution continues with 11 value-accretive acquisitions and 4 divestments FY 2024 updated guidance: recurring EBIT...
Holcim has successfully placed its first 99.2% clinker-free concrete pavement in North America, marking a significant milestone in its commitment to sustainable building. This innovative project, completed in collaboration with Stoneway Concrete, resulted in a 74.7% reduction in CO2 emissions compared to standard concrete using Type IL cement. “Our net-zero goals are ambitious, and to...
Acquisition of leading recycler of construction demolition materials in Belgium Recycles 500,000 tons of construction demolition materials per annum serving key Brussels and Antwerp metro areas To expand ECOCycle® range of circular building solutions in Belgium, driving profitable growth Holcim has closed the acquisition of Mark Desmedt in Belgium, advancing circular construction in Europe in...
GO4ZERO EUR 500m+ project in Belgium to advance Europe’s decarbonization Plant engineered to produce 2 million tons of net-zero cement per annum by 2029 Groundbreaking ceremony attended by Belgian PM Alexander De Croo and European Commissioner for Climate Action Wopke Hoekstra Holcim hosts the groundbreaking ceremony at its state-of-the-art GO4ZERO plant engineered to produce 2...
Strong start to the year Net Sales of CHF 5,586 million, up +3.4% in local currency Over-proportional growth in recurring EBIT of +17.1% in local currency and +7.8% in Swiss franc Profitable growth continues in 2024 with recurring EBIT margin expansion of +0.9 percentage points Strong contribution from Solutions & Products, roofing sales up +67%...