Holcim Ltd (HCMLY) Research
Holcim Ltd, a venerable company founded in 1833 and headquartered in Zug, Switzerland, functions as a global provider of construction materials and innovative solutions. Its expansive operations span across major regions, including Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. The company structures its business into four primary divisions: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. Its product portfolio encompasses fundamental construction components like cement, specialized hydraulic binders, clinker, and various other cementitious substances. Holcim also supplies aggregates, including crushed stone, gravel, and sand, alongside ready-mix concrete, precast concrete elements, asphalt, and diverse mortars. Additionally, the company extends its offerings to include contracting services, retail operations, and comprehensive waste management solutions. These materials and services are integral to a wide spectrum of construction endeavors, spanning: Infrastructure projects: such as roads, mining facilities, ports, dams, data centers, sports arenas, renewable energy sites like wind farms, and electric power plants. Building projects: encompassing residential developments (individual and collective), corporate offices, industrial and commercial facilities, and public sector structures. Affordable housing initiatives. Formerly known as LafargeHolcim Ltd, the company adopted its current name, Holcim Ltd, in May 2021.
Market snapshot
- Symbol
- HCMLY
- Price
- $19.20
- Day change
- +0.37%
- Market cap
- $42.5B
- P/E ratio
- 3.03x
- 52-week range
- 15.14-28
- Sector
- Basic Materials
- Industry
- Construction Materials
- Next earnings
- in 1 month
- Analyst price target
- $16.80
Recent news
- Holcim wins conditional EU antitrust nod for €1.85 billion Xella acquisition
World No. 2 cement maker Holcim has secured EU antitrust approval for its €1.85 billion acquisition of German walling systems maker Xella after pledging to sell a Romanian business, the European Commission said on Friday.
- Exclusive: Holcim to get EU nod for 1.85 billion euro Xella acquisition after offer to sell Romanian asset, sources say
World No. 2 cement maker Holcim is set to win EU antitrust approval for its 1.85 billion euro ($2.15 billion) acquisition of German walling systems maker Xella after offering to divest a Romanian business to address competition concerns, people with direct knowledge of the matter said.
Peer companies
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