Swiss-based Holcim Ltd., a global leader in building solutions, reported robust third-quarter earnings, bolstered by successful construction projects in the United States and Europe. Recurring earnings before interest and taxes (EBIT) rose to 1.67 billion Swiss francs ($1.93 billion), in line with analyst forecasts. Although overall sales slightly missed projections, the company reaffirmed its optimistic full-year outlook.
Holcim’s growth strategy is heavily focused on the expanding US market, where demand is rising for single-family housing and regulatory compliance for energy-efficient buildings. The company secured over 150 infrastructure projects across North America, with expectations that the region will continue to drive margin expansion into year-end. Holcim also plans to list its North American business on the stock exchange, targeting completion in the first half of 2025, to capitalize on regional growth momentum.
In the third quarter, Holcim’s North American operations recorded a rise in earnings despite a 7% decrease in net sales to external customers. The company’s strong positioning in North America highlights its potential to meet growing construction needs in infrastructure and sustainable development, reinforcing its role as a key player in building solutions globally.
Holcim’s growth strategy is heavily focused on the expanding US market, where demand is rising for single-family housing and regulatory compliance for energy-efficient buildings. The company secured over 150 infrastructure projects across North America, with expectations that the region will continue to drive margin expansion into year-end. Holcim also plans to list its North American business on the stock exchange, targeting completion in the first half of 2025, to capitalize on regional growth momentum.
In the third quarter, Holcim’s North American operations recorded a rise in earnings despite a 7% decrease in net sales to external customers. The company’s strong positioning in North America highlights its potential to meet growing construction needs in infrastructure and sustainable development, reinforcing its role as a key player in building solutions globally.