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Switzerland: Holcim has reported what it called ‘excellent’ financial results for 2025, highlighting double-digit growth in earnings before interest and tax (EBIT) and an ‘industry-leading’ margin of 18.3%.

Holcim’s full year sales were €17.2bn, a rise of 3.0% year-on-year compared to €16.7bn in 2024. Its recurring EBIT was €3.15bn, a 10.3% rise compared to €2.85bn in 2024. Its operating profit was €2.79bn, a 0.3% decline compared to €2.80bn in 2024. The group’s Building Materials business segment, which includes cement production, saw net sales of €12.7bn, a decline of 2.5% compared to €13.0bn in 2024. While earnings fell in most markets, lower spending led to improved margins. In Europe, net sales across to external customers fell by 2.8% all business lines, from €9.65bn in 2024 to €9.38bn in 2025. The company reported margin growth, which it said was driven by customer demand for Holcim’s sustainable offering, and an acceleration in decarbonisation and circular construction.

Latin America delivered double-digit sales in local currency terms in 2025, although this was not reflected in Euro terms, with a decline of 1.5% from €3.44bn in 2024 to €3.39bn in 2025. In Asia, the Middle East and Africa, net sales to external customers also fell, by 8.3%, from €4.33bn in 2024 to €3.97bn in 2025.

Miljan Gutovic, CEO, said “I sincerely thank all of Holcim’s over 45,000 employees for their outstanding work. We delivered strong profitable growth in 2025, with a double-digit recurring EBIT increase in local currency and an industry-leading margin of 18.3%. Margin expansion was driven by strong cost discipline, operational excellence and the scaling up of our sustainable offering to meet increased customer demand.”