Focused investment in attractive markets
Holcim is continuing to invest in profitable growth in highly attractive markets, closing 11 value- accretive transactions since the beginning of the year.
Building Materials was strengthened with four acquisitions for the aggregates business: Tribex in Serbia; Klokotnitsa IM EOOD and Zhablyano AD, both in Bulgaria; and SA.RE.MER in France.
Building Solutions expanded with six acquisitions: Compañía Minera Luren SA in Peru; Algimouss in France and CPC AG in Germany, as well as an insulation solutions business in Poland for building systems; Horcrisa in Argentina and Société des Bétons de la Vallée de Seine (S.B.V.S.) in France for the ready-mix concrete business.
Holcim also closed the divestment of Karbala Cement Manufacturing Ltd in Iraq.
Sustainability driving profitable growth
Customer demand for Holcim’s sustainable offering continued to increase. In the first half of 2025, net sales of Holcim’s low-carbon ECOPact concrete increased to 31% of ready-mix net sales from 25% in the prior-year period, while net sales of ECOPlanet increased to 35% of cement net sales from 32% in H1 2024.
Advancing circular construction, Holcim increased the recycling of construction demolition materials by 35% compared to the prior year period. In May, Holcim broke ground for OLYMPUS, an EU-supported carbon capture and storage project in Milaki, Greece. OLYMPUS is being engineered to produce 2 million tons of near-zero cement per year, part of Holcim’s commitment to produce more than 8 million tons of near-zero cement annually by 2030.
Guidance 2025
Holcim’s NextGen Growth 2030 strategy is expected to continue to drive superior performance and value creation. Building on its strong first half-year results and following the completion of the spin-off of its North American business, Holcim expects to deliver for 2025:
- Growth in line with NextGen Growth 2030 targets:
- 3% to 5% net sales growth in local currency1
- 6% to 10% recurring EBIT growth in local currency1
- Recurring EBIT margin of above 18%
- Free cash flow before leases of around CHF 2 billion
- >20% growth in recycled construction demolition materials
1 Excluding large M&A.