Holcim Group Services Ltd
/ Key word(s): Miscellaneous
Holcim shares its 2030 European decarbonization roadmap to drive profitable growth with increasing EBIT margins at its investor day in Switzerland. With decarbonization as a driver of profitable growth, Region Europe will deliver above CHF 10 billion in Net Sales and CHF 1.6 billion in EBIT by 2026. Its ambition is to achieve annual organic growth of above 4% in Net Sales and above 8% in recurring EBIT to 2030 in Europe, while reducing CO₂ per Net Sales by 60% versus 2020. Miljan Gutovic, Region Head Europe: “Europe offers the most advanced regulatory environment in the world to accelerate the transition to net zero, from the EU green deal to carbon pricing. Leveraging this platform in Europe, we are turning sustainable growth into profitable growth, with our ambitious decarbonization roadmap delivering leading EBIT margins. I am excited to be offering our customers advanced sustainable building solutions to best meet their needs, from ECOPact to ECOPlanet.” Across Region Europe, Holcim is accelerating carbon capture, utilization and storage, with 6 full-scale projects funded by the European Union to capture over 5 million tons of CO₂ annually by 2030, while delivering high returns. Its European CCUS portfolio includes 8 additional high-return projects in development. Meeting its customers’ sustainability needs, Holcim is expanding its multi-billion brands delivering premium margins. By 2030, Holcim will grow its low-carbon cement ECOPlanet to reach more than 50% of cement Net Sales, including 8 million tons of ECOPlanet Zero, fully decarbonized cement[1]. It will also grow its low-carbon concrete ECOPact to above 55% of Ready-Mix Net Sales. Making circularity a driver of profitable growth, Holcim will increase its ECOCycle® technology platform to 150 sites in Europe by 2030, to recycle 20 million tons of construction demolition materials per annum. [1] Without any use of carbon offsets. About Holcim Learn more about Holcim on www.holcim.com, and by following us on LinkedIn. Sign up for Holcim's Building Progress newsletter here and follow our journey to a net-zero future. Important disclaimer – forward-looking statements:
End of Media Release |
1767575 08.11.2023 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.