Report
Sven Edelfelt

Holcim : CMD: “The hunt for green October”

>The broad lines of the 2025 strategy - LafargeHolcim is hosting a CMD today in Basel, Switzerland, to unveil the broad lines of its 2025 strategy, above all focused on green growth. It is based on: 1/ annual sales growth of 3-5% per year, EBIT > 5% per year like-for-like (in line with our expectations), cash conversion of 45% (vs > 40%), leverage of >1.5x EBITDA and ROCE >10% (in line). 2/ increasing the contribution from the solutions & products division to 30% of s...
Underlying
HOLCIM AG

LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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