Holcim announced 1H21 net sales of CHF12,566m (US$13,640m) compared to CHF10,693m in the 1H20, a rise of 16.6 per cent LfL. Operating profit (EBIT) reached CHF1794 up from CHF1005 in the 1H20. Net debt rose to CHF12,438m in the 1H21 up from CHF10,662m in the 1H20.
Jan Jenisch, Holcim CEO, said : "As we close H1 under our new Group identity, I sincerely thank all members of the Holcim family for the teamwork and resilience they continue to demonstrate to navigate the challenges of the pandemic.
"At this time last year I said that Holcim would emerge stronger from this crisis. These half-year results prove it. In the first half of 2021 we set new records in Recurring EBIT, free cash flow and earnings per share. I congratulate our teams for this remarkable achievement and for giving me the confidence to revise our 2021 guidance for Recurring EBIT growth to at least 18 per cent LfL."
Outlook
Holcim expects the growth momentum to continue in all regions, supported as of the 2H21 from
various stimulus programmes. The company expects to continue the growth of Firestone Building
Products and pursue further bolt-on acquisitions, while accelerating progress towards its 2030
sustainability targets.
