Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
26.75B | 26.41B | 27.01B | 29.19B | 26.83B | 23.14B | Gross Profit |
11.64B | 11.68B | 11.50B | 11.61B | 11.54B | 9.69B | EBIT |
4.44B | 4.64B | 4.58B | 3.22B | 4.40B | 3.37B | EBITDA |
6.00B | 6.83B | 6.45B | 6.98B | 6.04B | 5.14B | Net Income Common Stockholders |
3.01B | 2.93B | 3.06B | 3.31B | 2.30B | 1.70B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
3.49B | 5.35B | 6.09B | 9.83B | 6.69B | 5.19B | Total Assets |
53.42B | 54.28B | 52.69B | 57.60B | 59.88B | 53.22B | Total Debt |
14.40B | 12.92B | 13.12B | 14.91B | 16.61B | 13.76B | Net Debt |
10.91B | 7.58B | 7.04B | 5.09B | 9.93B | 8.56B | Total Liabilities |
26.36B | 26.33B | 25.90B | 27.99B | 29.41B | 24.60B | Stockholders Equity |
26.28B | 27.24B | 26.00B | 28.67B | 27.68B | 26.07B |
Cash Flow | Free Cash Flow | ||||
3.96B | 4.02B | 3.96B | 3.01B | 3.51B | 3.50B | Operating Cash Flow |
5.54B | 5.67B | 5.47B | 4.56B | 5.04B | 4.62B | Investing Cash Flow |
-1.71B | -2.04B | -3.47B | 2.08B | -4.71B | -1.23B | Financing Cash Flow |
-3.68B | -4.37B | -5.22B | -3.25B | 1.11B | -1.89B |
Holcim has acquired Langley Concrete Group Inc., marking its entry into the precast concrete market in British Columbia. This acquisition enhances Holcim’s capabilities in the infrastructure sector, adding two production facilities and expanding its product portfolio to include essential components for municipal, commercial, and industrial projects. The move is expected to provide long-term opportunities for both Langley’s employees and customers, aligning with Holcim’s growth strategy and commitment to quality and service.
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.
Holcim is spinning off its North American business, Amrize, with trading set to begin on June 23, 2025, on the NYSE and SIX under the ticker ‘AMRZ’. The spin-off, approved by shareholders, will be tax-neutral for Swiss and tax-free for US federal income tax purposes. Amrize, rated ‘Investment Grade’ by S&P and Moody’s, has secured $3.4 billion in external financing and will focus on growth in the North American construction market. Holcim will continue to focus on sustainable construction and growth in its other 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.
Holcim has initiated the OLYMPUS project in Greece, a EUR 400 million investment aimed at producing 2 million tons of near-zero cement annually by 2029. This project, supported by the EU Innovation Fund, is part of Holcim’s efforts to advance Europe’s Clean Industrial Deal and is expected to create over 1,000 jobs during construction and 100 during operation. The project employs innovative carbon capture technologies and is a significant step in Holcim’s strategy to offer 8 million tons of near-zero cement across Europe by 2030.
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.
Holcim’s shareholders have approved all proposals at the 2025 General Meeting, including the spin-off of its North American business, Amrize, which will be listed on the NYSE and SIX Swiss Exchange. The meeting also saw the election of Kim Fausing as Chairman, an 11% increase in dividends, and the approval of various reports and compensations, indicating a strategic shift and strengthening of Holcim’s market position.
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.
Holcim, in collaboration with architect Alejandro Aravena and his firm ELEMENTAL, has unveiled a new biochar technology that transforms buildings into carbon sinks, showcased at the 2025 Architecture Biennale in Venice. This innovation, applied in a full-scale Basic Services Unit housing prototype, uses recycled aggregates and aims to address the housing crisis while reducing environmental impact, enhancing Holcim’s portfolio of sustainable solutions and strengthening its position as a leader in sustainable construction.
Holcim announced that its subsidiary, Amrize, has updated its ‘Form 10’ registration statement with the U.S. SEC, detailing its financial results for Q1 2025 as part of its planned spin-off. The spin-off, expected to be completed in June 2025, will position Amrize as the largest provider of construction solutions in North America, focusing on a comprehensive range of advanced construction solutions.
Holcim reported stable sales of CHF 5,544 million in the first quarter of 2025, despite challenging weather conditions in North America. The company achieved a 1.7% increase in Recurring EBIT in local currency and continued its M&A momentum with five acquisitions. The spin-off of Amrize is on track, with a listing expected in June 2025. Holcim’s focus on sustainable building solutions has led to increased sales shares of ECOPact and ECOPlanet products. The company confirmed its annual forecast for 2025, highlighting its resilience and strategic positioning in the market.
Holcim has announced its agenda for the 2025 General Meeting, including a proposed dividend increase of 11% to CHF 3.10 per share, following a record performance in 2024. The company plans a special dividend distribution to facilitate the spin-off of its North American business, Amrize, which will be listed on the NYSE and SIX Swiss Exchange. This strategic move aims to create value by allowing both Holcim and Amrize to focus on their respective markets. Additionally, changes in the Board of Directors are proposed, with Kim Fausing nominated as the new Chairman.
Amrize, a company preparing for a spin-off from Holcim, successfully completed a $3.4 billion bond offering, indicating strong investor confidence in its future. The bond was oversubscribed more than four times, with the funds set to support Amrize’s growth strategy and financial positioning as it aims to become a leading partner for builders across North America.
Holcim has acquired Compañía Minera Luren, a leading Peruvian producer of specialty building solutions, to expand its presence in Latin America. This acquisition is expected to enhance Holcim’s product portfolio and generate significant synergies in the region, particularly by integrating Compañía Minera Luren’s energy-efficient walling systems into its offerings.
Holcim has announced its ‘NextGen Growth 2030’ strategy aimed at establishing itself as a leader in sustainable construction. The strategy involves targeted investments in key markets, expanding its value-added Building Solutions segment, and leveraging sustainability for profitable growth. Holcim plans to increase shareholder value through growth-oriented capital allocation and value-enhancing transactions, while focusing on sustainability initiatives like recycling and decarbonization.
Holcim announced the spin-off of its North American business, Amrize, which will focus exclusively on the North American market. Amrize aims to become the largest provider of building solutions in the region, with a strong growth strategy and financial goals, including a planned US listing by mid-2025. The company is well-positioned for long-term growth with a robust market presence and a growth-oriented capital allocation strategy to enhance shareholder value.
Holcim has announced the designated management team for Amrize, its North American business, as part of its planned spin-off. The leadership team, comprising experienced leaders from within Holcim and new managers from leading US companies, is expected to drive growth and create value for stakeholders.