Holcim posts record result

Zug, March 2024

Holcim hat Betriebsergebnis und Konzerngewinn 2023 im Jahresvergleich gesteigert. Mit seinem Rekordergebnis hat der Zuger Baustoffkonzern seine Finanzziele aus der Strategie 2025 bereits erfüllt. Auch bei der Umsetzung seiner Nachhaltigkeitsziele liegt Holcim auf gutem Kurs.

Holcim generated sales of 27.01 billion Swiss francs in the 2023 financial year, the globally active Zug-based building materials group announced in a press release. This corresponds to a year-on-year decline of 7.5 percent. On an organic basis, however, growth of 6.1 per cent was achieved.

Holcim reported a record recurring operating result at EBIT level of 4.76 billion Swiss francs in the year under review. The corresponding margin rose from 16.3 percent to an “industry-leading” 17.6 percent, writes Holcim. At 3.09 billion Swiss francs, net profit before impairments and disposals was 39.3 percent higher than in 2022. “With record results in 2023, Holcim is stronger today than ever before,” said Jan Jenisch, Chairman of the Board of Directors and CEO of Holcim, in the press release. “We were able to implement our Strategy 2025 two years earlier than planned.”

Holcim can also point to successes in terms of sustainability. For example, CO2 emissions in relation to sales were 20 per cent lower in the reporting year than in the previous year. At 8.4 million tonnes, 24 percent more construction and demolition material was recycled than in the previous year. Six Holcim projects for carbon capture, utilisation and storage are now registered for funding from the European Union’s Innovation Fund. In addition, Holcim’s low-emission cement ECOPlanet already accounted for 19 percent of Group-wide cement sales in 2023. In the previous year, the share was still 7 percent. At the same time, the share of low-emission concrete ECOPact in ready-mix concrete sales rose from 13 to 19 percent.

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