Holcim

Margin expansion continues

  • Sectors : Building Materials
  • Companies : Holcim

Ratings and price correct at time of issue.

  • Holcim

    Closing Price: 8258chf

  • RATING 14/01/22

  • PREVIOUS RATING 20/04/20

    OUTPERFORM

DAVY VIEW

Holcim’s Q3 results confirm a positive trend from Q1 and Q2: earnings and margins continue to grow despite a flattish top line. Elsewhere, continued M&A momentum, increased penetration of lower-carbon products and higher demolition waste volumes suggest strategic progress.

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Oct 25 2024, 08:04 IST/BST

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