Holcim continues to grow
Holcim achieved record sales of CHF 14.681 billion in the first half of 2022. This corresponds to an increase of almost 17 percent compared to the first half of 2021. Holcim also reports a new record for operating profit.
According to a press release, building materials producer Holcim increased sales in all segments by 16.9 percent to CHF 14.681 billion in the first half of the year. The roofing and insulation business in particular ended with above-average growth. Holcim expects further growth impetus in the division. In addition to sales, the record result includes recurring EBIT (earnings before interest and taxes) of CHF 2.173 billion, an increase of 9.6 percent in Swiss francs, and earnings per share, which increased by 39.7 percent to CHF 1.90.
In order to continue the company's success, according to the announcement, the focus is on the company's decarbonization. Based on the good half-year figures, Holcim feels well positioned to implement Strategy 2025 “Accelerating Green Growth”. This envisages world market leadership for innovative and sustainable construction solutions and net zero by 2050.
For the 2022 financial year, CEO Jan Jenisch, who was quoted in the announcement, estimates pro-forma sales of CHF 3.5 billion and expects “sales growth of at least 10 percent on a comparable basis”.