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...
COP28 Presidency initiative names Holcim as global ‘Energy Transition Changemaker’ for Lägerdorf project in Germany Award given to companies delivering scalable decarbonization projects globally and accelerating the energy transition Lägerdorf project named ‘outstanding project’ in Mission Innovation Net-Zero Industries Award Holcim has received two awards at COP28 in Dubai for its “Carbon2Business” project in Lägerdorf,...
Founding member of Sustainable Markets Initiative’s (SMI) Circularity Task Force to scale up circular construction Complements Holcim’s goal of recycling over 10 million tons of construction demolition materials by 2025 Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation Holcim has become a founding member of...
Holcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd, its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of USD 120 million. Holcim has also agreed to sell its 65% participation in Mbeya Cement Company Ltd in Tanzania to Amsons...