Holcim stock trades lower after Q3 outlook upgrade
Published on 10/30/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHolcim outlook and share update
- Holcim lifted its 2026 recurring EBIT growth target to 10%-12% after a strong third quarter.
- Organic sales growth is expected at around 5%, with free cash flow of about CHF 2 billion.
- Building Solutions revenue grew faster than Building Materials revenue in the third quarter.
Holcim stock traded at 74.66 euros on Lang & Schwarz at 16:30 CET on Friday, October 30, 2026, 1.43 percent below the Xetra close of Thursday, October 29. The quote was also 1.46 percent below the 75.77 euros recorded in the latest report at 09:41 Berlin time.
Holcim reported a stronger third quarter and raised its full-year 2026 outlook on October 23. According to the company's Q3 2026 results release, recurring EBIT increased 16.8 percent in Swiss francs to CHF 976 million, while quarterly net sales rose 15.5 percent to CHF 4.662 billion.
What changed in the outlook
Holcim now expects organic recurring EBIT growth of 10%-12% in 2026, compared with an earlier expectation of about 10%. The group retained its target of around 5% organic net sales growth and expects recurring EBIT margin to expand further.
For the first nine months, organic net sales grew 5.2% and organic recurring EBIT rose 11.8% to CHF 2.414 billion. The recurring EBIT margin reached 19.2%, up 10 basis points from the prior-year period. Holcim also expects free cash flow of around CHF 2 billion and growth of more than 20% in recycled construction and demolition materials.
Higher-value products support growth
Building Solutions net sales increased 27.1% in the third quarter to CHF 1.920 billion, compared with 8.9% growth for Building Materials to CHF 3.216 billion. The company attributed the broader performance to customer demand for higher-value products, cost discipline and operational execution.
Holcim's low-carbon product mix continued to expand. ECOPact represented 33% of ready-mix net sales in the first nine months, while ECOPlanet reached 43% of cement net sales. The company said the Fermacell acquisition remains subject to customary conditions and regulatory clearances, with closing expected in the first half of 2027.
Investors can follow the real-time quote of Holcim stock for subsequent trading updates.
Holcim stock at a glance
- Company: Holcim Ltd.
- ISIN: CH0012214059
- Home ticker: HOLN
- Lang & Schwarz quote: EUR 74.66 on Friday, October 30, 2026, at 16:30:05 Berlin time
- Change versus Xetra close: -1.43% versus EUR 75.74 on Thursday, October 29, 2026
- Sector: Building materials
Swiss equities are covered in the SMI market reports.
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