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Holcim: confirms outlook for 2024
(CercleFinance.com) - Holcim reports net sales of 5,586m CHF in Q1 2024, up +3.
4% in local currency. Recurring EBIT rose 17.1% in local currency and 7.8% in Swiss francs to 532m Swiss francs. Profitable growth continues in 2024 with a 0.9-point increase in its recurring EBIT margin. Holcim reports a strong contribution from Solutions & Products and roofing sales up +67% in local currency. Holcim confirms its outlook for 2024, with organic sales growth exceeding 4%, additional growth from M&A in excess of 2%. It expects higher recurring EBIT growth and an increase in the recurring EBIT margin to 18%. Free cash flow is expected to exceed 3bn Swiss francs. Copyright (c) 2024 CercleFinance.com. All rights reserved. |
03/05/2024 17:36
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