Holcim: raises growth target for 2022

(CercleFinance.com) - On announcing its H1 results, Holcim has announced that it has raised its FY 2022 LFL sales growth forecast to at least 10%, with it now expecting positive LFL growth in recurrent EBIT.


In H1 2022, the building materials supplier posted adjusted EPS growth of almost 40% to 1.90 Swiss franc, along with a record recurrent EBIT, that is up 9.6% at 2.17 billion Swiss francs (+5.7% LFL).

At a record level of almost 14.7 billion Swiss francs, its revenues increased 16.9% (+12.7% on a comparable basis), growth that was due to sales growth in all its segments.


Copyright (c) 2022 CercleFinance.com. All rights reserved.