Record EBITDA Margin Expansion
EBITDA margin expanded by 20 basis points to 18.9%, driven by synergies and operational efficiencies.
Strong Performance in EMEA and Americas
The EMEA region grew 1.9% at constant currencies, with significant growth in the Middle East and Africa. The Americas also saw growth of 3.5% in local currencies, supported by infrastructure and commercial construction projects.
Increased Synergy Targets
MBCC synergy targets were raised by CHF 20 million for the ongoing year, with full year synergies expected to be CHF 160 million to CHF 180 million.
Successful Bolt-On Acquisitions
Four bolt-on acquisitions were completed, focusing on roofing, building finishing, and expansion in Qatar.