Strong EMEA and Americas Performance
EMEA region demonstrated consistent improvement with a 1.9% growth in constant currencies, and significant double-digit growth in Middle East and Africa. The Americas saw a 3.5% growth in local currencies, with Latin America showing positive growth momentum.
Increased Synergy Targets
MBCC synergy targets were increased by CHF 20 million for the ongoing year, contributing to an overall synergy expectation of CHF 200 million to CHF 220 million by 2026.
EBITDA Margin Improvement
EBITDA margin expanded by 20 basis points to 18.9%, driven by cost efficiencies and synergies.
Bolt-On Acquisitions
Closed 4 bolt-on acquisitions in roofing, building finishing, and expansion in Qatar, indicating a strong market consolidation strategy.
Improved Cost Control
Operating costs decreased over-proportionally, driven by MBCC synergies and operational efficiency measures.