Holcim Sees Sales in Europe Above $11.11 Billion by 2026
Provided by
Dow Jones
By Mauro Orru
Holcim expects to exceed 10 billion Swiss francs ($11.11 billion) in net sales in Europe by 2026, while significantly reducing carbon emissions by the end of the decade.
The Swiss building-material company said Wednesday that it also expects more than CHF1.6 billion in earnings before interest and taxes in Europe by 2026, aiming for annual organic growth above 4% in net sales and above 8% in recurring EBIT by the end of the decade.
Holcim is also targeting a reduction in carbon emissions per net sales in Europe of 60% by 2030 compared to 2020.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
November 08, 2023 01:42 ET (06:42 GMT)
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