08.11.2023 17:40

Holcim to drive profitable growth in Europe

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.

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. 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.

Region: Switzerland
Source: Holcim
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