Switzerland: Holcim reported stable net sales of €5.89bn in the first quarter of 2025, down by 0.8% year-on-year from €5.93bn. North America recorded a good start to the year despite unfavourable weather conditions, while Latin America delivered further profitable growth, driven by an 8% rise in local currency. Europe continued strong recurring EBIT growth and margin expansion, and Asia, Middle East and Africa recorded double-digit recurring EBIT growth, led by North Africa. Holcim expects the good momentum to continue with strong demand in North Africa, a positive outlook in Australia and price recovery in China.
Net sales of its low-carbon ECOPlanet cement represented 29% of cement sales, up from 26% year-on-year. Holcim said it is “well-positioned to navigate the current economic uncertainty” and confirmed its 2025 guidance of mid-single digit net sales growth in local currency.
