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Holcim ( (CH:HOLN) ) just unveiled an announcement.
Holcim has announced the acquisition of Xella, a prominent provider of sustainable wall systems in Europe, expected to generate EUR 1 billion in revenue by 2025. This strategic acquisition aligns with Holcim’s ‘NextGen Growth 2030’ strategy, enhancing its Building Solutions segment and offering significant synergies and financial benefits, including a positive impact on earnings per share and free cash flow from the first year.
The most recent analyst rating on (CH:HOLN) stock is a Hold with a CHF71.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.
More about Holcim
Holcim is a leading partner in sustainable construction, with a revenue of CHF 16.2 billion in 2024. Headquartered in Zug, Switzerland, the company employs over 48,000 people across 45 markets in Europe, Latin America, Asia, the Middle East, and Africa. Holcim provides high-quality building materials and solutions, leveraging premium brands such as ECOPlanet, ECOPact, and ECOCycle®.
YTD Price Performance: 53.30%
Average Trading Volume: 1,135,381
Technical Sentiment Signal: Buy
Current Market Cap: CHF35.5B
See more data about HOLN stock on TipRanks’ Stock Analysis page.