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%...
The Board of Directors proposes a dividend of CHF 2.80 per registered share, up 12% following record 2023 performance The Board of Directors proposes Jan Jenisch for re-election as Chairman Catrin Hinkel and Michael H. McGarry proposed as new independent members of the Board of Directors All other members are standing for re-election The Holcim...
Holcim proposes Catrin Hinkel, Chief Executive Officer of Microsoft Switzerland, for election to its Board of Directors. She will stand for election alongside nominee Michael H. McGarry at Holcim’s Annual General Meeting on 8 May 2024. All other members are standing for re-election. Jan Jenisch is proposed for re-election as Chairman of the Board. With...
On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025. The share buyback will be funded from available cash on the balance sheet. Holcim remains committed to...
Full-year net sales of CHF 27,009m, recurring EBIT of CHF 4,760m and industry-leading recurring EBIT margin of 17.6% Free cash flow after leases of CHF 3,705m Earnings per share[1] up 9% to CHF 5.42 Proposed 12% increase in dividend to CHF 2.80 per share New share buyback of CHF 1 bn in 2024 Strong 2024...
Full capital market separation and US listing of its North American business Transaction intended to be executed as a spin-off, benefitting all shareholders Creating the leading pure-play North American building solutions company US listing of North American business expected to complete in H1 2025 Holcim post US listing of North America to further strengthen its...
Holcim’s Board of Directors appoints Miljan Gutovic as Chief Executive Officer (CEO) of Holcim, effective 1 May 2024. He will succeed the current CEO Jan Jenisch, who will focus on his role as chairman and will stand for re-election at the AGM in May. Also, the Board has tasked Jan Jenisch to lead the planned...
Holcim is entering a partnership with Greentown Labs, the largest incubator of climate tech startups in North America, to accelerate open innovation for the decarbonization of the built environment. The premium “Terawatt” partnership with Greentown, with incubators in Somerville, Mass. and Houston, Texas, gives Holcim prime access to promising startups focused on innovative and sustainable...
Expanding Solutions & Products in Europe with value-accretive acquisitions Artepref positions Holcim in innovative precast solutions in Spain W.A.T.T. Recycling expands capabilities in Greece waste-to-energy sector Eco-Readymix offers entry into UK advanced mortar solutions market Holcim has closed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth. In Spain, Holcim...
Circularity Lighthouse award recognizes technological solutions with proven impact and significant scale Holcim recognized for innovative and scalable ECOCycle® technology, building new from old Holcim’s ECOCycle® circular technology has been named a “Circularity Lighthouse in the Built Environment”, in a joint initiative between McKinsey & Company and the World Economic Forum announced at this year’s...