Holcim clarifies H1 guidance and portfolio moves, shares tracked against peers in Europe

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-26, 20:55.

Holcim Ltd (CH0012214059) keeps its 2024 outlook and portfolio strategy in focus in its latest investor material updates. The Swiss construction group remains a Stoxx Europe 600 constituent and a major building-materials peer to Heidelberg Materials, as reflected in recent market commentary.

Updated guidance and portfolio plans

In its February 28, 2024 full-year 2023 report and outlook, Holcim confirmed 2024 guidance for net sales growth above 6 percent on a like-for-like basis and a recurring EBIT margin above 22 percent, supported by decarbonization solutions and pricing. The company detailed this guidance in its FY 2023 report.

Management also highlighted plans to spin off the North American business into a separate listed entity on the NYSE, aiming to complete the transaction in the first half of 2025, subject to shareholder and regulatory approvals. This strategic move is designed to create a pure-play North American building solutions company while keeping a focused international group headquartered in Switzerland.

Analyst consensus on Holcim shares

Analyst data compiled by MarketScreener in June 2026 shows that a majority of covering analysts rate Holcim stock as Buy or Outperform, with a smaller group on Hold and only a few on Sell. The average 12-month price target in that overview points to moderate upside from current levels, according to the consensus data. The MarketScreener consensus page summarizes these ratings and targets.

In a separate note earlier in 2024, UBS reiterated its positive stance on European building-materials names, including Holcim, citing resilient infrastructure spending and public-investment pipelines. This sector view places Holcim alongside Heidelberg Materials and CRH as key beneficiaries of long-term demand for low-carbon construction solutions in Europe and North America.

The product behind the stock

Holcim generates most of its revenue from cement, aggregates and ready-mix concrete, complemented by roofing and insulation solutions after the Firestone Building Products acquisition. Its ECOPact low-carbon concrete line is a flagship offering aimed at lowering the CO2 footprint of construction projects worldwide.

The listing in brief

Holcim shares most recently traded on SIX Swiss Exchange around 80.00 Swiss francs, based on late-June 2026 price data from exchange and financial portals.

This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.