tiprankstipranks
Trending News
More News >

Holcim Completes Spin-off of North American Business to Focus on Growth Strategy

Story Highlights
Holcim Completes Spin-off of North American Business to Focus on Growth Strategy

Confident Investing Starts Here:

Holcim ( (CH:HOLN) ) has issued an update.

Holcim has completed the spin-off of its North American business, Amrize, as part of its ‘NextGen Growth 2030’ strategy. This move allows Holcim and Amrize to focus strategically and operationally on their respective markets, enhancing their positions in the sustainable building solutions sector. The spin-off is expected to unlock growth potential and increase shareholder value through targeted investments and M&A transactions in attractive markets.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

More about Holcim

Holcim is a leading partner in sustainable building, headquartered in Zug, Switzerland. With a turnover of CHF 16.2 billion in 2024, the company operates in 45 markets across Europe, Latin America, Asia, and the Middle East and Africa. Holcim provides high-quality building materials and solutions for all construction stages, leveraging premium brands such as ECOPlanet, ECOPact, and ECOCycle®.

YTD Price Performance: 10.73%

Average Trading Volume: 1,259,532

Current Market Cap: CHF51.62B

For detailed information about HOLN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1