{"id":50622,"date":"2026-10-24T00:22:42","date_gmt":"2026-10-24T04:22:42","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2026\/10\/24\/holcim-raises-forecast-after-q3-profit-beats-expectations\/"},"modified":"2026-10-24T00:22:42","modified_gmt":"2026-10-24T04:22:42","slug":"holcim-raises-forecast-after-q3-profit-beats-expectations","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2026\/10\/24\/holcim-raises-forecast-after-q3-profit-beats-expectations\/","title":{"rendered":"Holcim raises forecast after Q3 profit beats expectations"},"content":{"rendered":"<section class=\"medium-10 medium-offset-1 columns article-body\" itemprop=\"articleBody\" data-epic-field=\"content\">\n<p>Swiss cement maker Holcim has today raised its full-year earnings forecast after reporting better-than-expected quarterly sales and profit as it sold more higher-margin low-carbon products.<\/p>\n<p>The results of Holcim, one of the world&#8217;s biggest construction materials companies, give an insight into the health of the broader building industry.<\/p>\n<p>The company posted a 27% increase in its sales of building solutions products &#8211; roofs, walling and flooring &#8211; which are highly profitable when sold as a package of products to builders and are less capital-intensive to produce.<\/p>\n<p>As a result, Holcim increased its profit margin in the three months to September 30, pushing recurring operating profit 17% higher to 976 million Swiss francs ($1.19 billion). That beat analyst expectations of 949 million francs in a company-compiled consensus.<\/p>\n<p>Sales rose to 4.66 billion francs, Holcim said, above estimates of 4.59 billion francs.<\/p>\n<p>As a result, Holcim increased its full-year earnings forecast, saying it now expects its recurring operating profit to increase 10%-12%, up from its previous expectation of a 10% increase.<\/p>\n<p>This is the second time this year that Holcim has increased its profit forecast, following an upgrade in July.<\/p>\n<p>The company has improved its performance by selling more low-carbon cement and concrete, which boast higher profit margins, while increasing its usage of recycled building materials.<\/p>\n<p>&#8220;In the first nine months of the year, we achieved strong profitable growth with an industry-leading recurring EBIT margin thanks to increased customer demand for our high-value offering, strict cost discipline and operational excellence,&#8221; said CEO Miljan Gutovic.<\/p>\n<p>Holcim reported higher quarterly sales and profit in all three of its regions, with the company saying it was seeing a strong pipeline of infrastructure projects in Europe and Latin America, while it expects further growth from investments in Morocco related to the 2030 football World Cup.<\/p>\n<p>&#8220;The raised EBIT growth guidance was expected and consensus already sits there, but fears of a potential downward revision had flared up recently and proved unfounded, so today&#8217;s solid Q3 and guidance hike should be taken positively,&#8221; said Bank Vontobel analyst Mark Diethelm.<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Swiss cement maker Holcim has today raised its full-year earnings forecast after reporting better-than-expected quarterly sales and profit as it sold more higher-margin low-carbon products. The results of Holcim, one of the world&#8217;s biggest construction materials companies, give an insight into the health of the broader building industry. The company posted a 27% increase in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[19,20],"tags":[],"class_list":["post-50622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/50622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=50622"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/50622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/50623"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=50622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=50622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=50622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}