Holcim : A better roof overhead for protection from storms
>Recap of the key points - While the comments on the FY earnings can be found in our flash of 24 February, “Optimism for 2023 and change of CEO”, we would highlight the following points from the conference call. During the conference call, the CEO appeared somewhat optimistic on both the group’s capacity to cover costs via price hikes and on the level of demand, as well as new acquisitions in sustainable construction (already 7 acquisitions since 2023, between CHF 20m...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.
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.
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