Holcim — Cyborg Score 7/10

Solid
Cement and building materials

Strategic Profile

Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to walling and roofing – powered by premium brands including ECOPact, ECOPlanet, and ECOCycle. Customer demand for Holcim's sustainable offering continued to increase, with net sales of Holcim's low-carbon ECOPact concrete increasing to 31% of ready-mix net sales compared to 29% in the prior-year period.

Cyborg Score Rationale

Net sales of CHF 3,520 million in the first quarter were up 3.9% organically compared to the prior-year period. Holcim expects three to five percent organic net sales growth and eight to ten percent recurring EBIT growth for 2026. The company is executing a disciplined M&A strategy while facing some regional headwinds, particularly in Asia, Middle East & Africa.

Top Insights

  • In March 2026, Holcim completed the acquisition of a majority stake in Cementos Pacasmayo in Peru and signed an agreement to acquire building materials and solutions operations in Colombia from Cemex.
  • Low-carbon ECOPlanet cement increased to 39% of cement net sales in Q1 2026 versus 35% in Q1 2025, while ECOCycle recycled construction demolition materials volume increased 24% compared to prior year.
  • Over 50% of group sales are generated in Europe, with largest markets being France, UK, Mexico and Australia.
  • Latin America achieved double-digit net sales growth in local currency and a recurring EBIT margin above 30% in full-year 2025.

Named Competitors

  • CRH — Building materials and construction products
  • Vicat — Cement and building materials
  • James Hardie — Building products and fiber cement
  • Breedon Group — Cement and ready-mixed concrete
  • Loma Negra — Argentine cement and building materials

Recent Developments

  • (April 2026) Q1 2026 results: 3.9% organic net sales growth to CHF 3,520 million; recurring EBIT grew 8.3% organically
  • (March 2026) Completed acquisition of majority stake in Cementos Pacasmayo (Peru); signed agreement to acquire Cemex building materials operations in Colombia
  • (February 2026) Full-year 2025 net sales of CHF 15.7 billion, up 3% in local currency; recurring EBIT rose 10.3% in local currency
  • (February 2026) Announced 2026 guidance: 3-5% organic net sales growth, 8-10% recurring EBIT growth, ~CHF 2 billion free cash flow

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