Holcim Ltd Price & Performance (HCMLF)

Holcim reported net sales of CHF 5,544 million for the first quarter of 2025, nearly unchanged from last year. Despite flat revenues, the company achieved a 1.7% increase in recurring EBIT in local currency, reflecting successful margin expansion and a continued focus on higher-value, sustainable building solutions.12

Holcim’s ADR has delivered a year-to-date gain of around 10.2%, significantly outperforming the broader construction sector, which has declined nearly 16%. Analyst sentiment remains positive, with recent earnings estimates for Holcim moving higher, supporting the company’s strong outlook relative to its peers.34

Holcim confirmed that its Amrize spin-off is progressing toward a June listing, while its NextGen Growth 2030 strategy aims to drive profitable growth through sustainability and targeted investments. Recent M&A activity and a focus on high-value solutions position the company to capitalize on evolving construction industry trends.56