Holcim has announced its financial results for the first half of 2025, highlighting strong performance across key metrics. The company achieved a 10.8% increase in recurring EBIT (in local currency), with the margin expanding to a solid 18.3%.
Net sales rose by 1.8% in local currency to CHF 7.87 billion. Earnings per share (EPS), excluding impairments and divestments, grew by 7.4% to CHF 1.57. Net financial debt was significantly reduced by 48.9% compared to the same period last year, falling to CHF 5.5 billion.
Commenting on the results, CEO Miljan Gutovic stated:
“I thank all of our 48,000 employees worldwide for their contributions to our excellent half-year results. Holcim is the leading partner for sustainable construction, and we are unlocking significant opportunities through our new NextGen Growth 2030 strategy – the foundation of a new era of growth and value creation”
Operational and Regional Highlights
In the first six months of 2025, Holcim completed 11 value-accretive acquisitions, strengthening its presence in key markets including Serbia, Bulgaria, France, Peru, Germany, Poland, and Argentina. During the same period, the company finalized the divestment of Karbala Cement Manufacturing Ltd. in Iraq.
In Europe, rising demand for sustainable products drove recurring EBIT margins to 15.4%, supported by eight synergy-focused acquisitions.
In Latin America, Holcim delivered strong results with 8.6% net sales growth in local currency. Two acquisitions were completed in Peru and Argentina, and the company expanded Disensa, the region’s largest construction materials retail network, by opening approximately 170 new stores.
In the Asia, Middle East & Africa region, recurring EBIT grew by 12% to CHF 493 million, with margins improving to 24.9%.
Leadership in Sustainability
Holcim made notable progress in its low-carbon product portfolio. ECOPact concrete accounted for 31% of ready-mix sales, while ECOPlanet cement reached 35% of total cement sales. The company also increased recycling of construction and demolition waste by 35% compared to the previous year.
In Q2, Holcim broke ground on OLYMPUS, a carbon capture and storage (CCS) project in Milaki, Greece, supported by the European Union. Once operational, the facility aims to produce 2 million tons of near-zero cement annually — part of Holcim’s broader target to deliver over 8 million tons of near-zero cement per year by 2030.
