The Group reports net sales of 5,586 million Swiss francs in Q1 2024, up +3.4% in local currency.

Recurring EBIT growth is +17.1% in local currency and +7.8% in Swiss francs to 532 million Swiss francs. Profitable growth continues in 2024 with an increase in recurring EBIT margin of +0.9 points.

The Group reports a strong contribution from Solutions & Products and roofing sales up +67% in local currency.

Holcim confirms its outlook for 2024, with organic sales growth in excess of 4%, additional growth from mergers and acquisitions in excess of 2%.

The Group expects higher recurring EBIT growth and an increase in the recurring EBIT margin to 18%. Free cash flow is expected to exceed 3 billion Swiss francs.

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