Holcim Ltd (XSWX:HOLN)

CHF 90.66 -1.2 (-1.31%) Market Cap: 50.93 Bil Enterprise Value: 49.09 Bil PE Ratio: 17.01 PB Ratio: 1.93 GF Score: 72/100

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Half Year 2024 Holcim AG Earnings Call Transcript

Jul 26, 2024 / 08:00AM GMT

Release Date Price: CHF83.64 (+0.36%)

Transcript

Bernd Pomrehn

Holcim AG - Head of Investor Relations

Good morning, and welcome to the analyst and investor video conference for Holcim's first-half year 2024 results. I'm Bernd Pomrehn, Head of Investor Relations, and it's a pleasure to welcome also our CEO Miljan Gutovic, and our CFO Steffen Kindler, for the presentation today. After the presentation, you will have the opportunity to ask your questions. Travel smooth flow, we ask you please to either join by phone or by webcast in order to ask your questions. (Event Instructions)

With this I hand over to Miljan. Miljan, please.

Miljan Gutovic

Holcim AG - Chief Executive Officer - Designate, Region Head - Europe, Member of the Executive Committee

Thank you, Bernd, and good morning to all of you, and thank you very much for joining us H1 update. We are very pleased to share with you that we have achieved a record profitable growth in H1 of 2024. As you can see, our EBIT is up 12.7% in local currency and also 8.1% in Swiss francs. We achieved net sales growth of 1.6%, and we are very pleased with our

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