Holcim stock: Q3 momentum lifts 2026 EBIT outlook

Holcim's stronger third-quarter momentum and a raised full-year outlook remain the central themes for investors after the Swiss building materials group reported its nine-month results on October 23. Holcim stock traded at 80.31 euros on Lang & Schwarz at 12:08 CET on Monday, November 9, 2026. The company has also completed its acquisition of Australia's Burdett Group, adding a new circular construction platform in the Melbourne growth corridor.

According to Holcim's Q3 2026 results release, nine-month net sales rose 5.7 percent in reported terms to CHF 12.586 billion and 5.2 percent organically. Recurring EBIT increased 6.1 percent to CHF 2.414 billion, while organic growth reached 11.8 percent. The recurring EBIT margin widened by 10 basis points to 19.2 percent.

Third-quarter operating leverage

Momentum accelerated in the third quarter. Net sales increased 15.5 percent in Swiss francs to CHF 4.662 billion, compared with CHF 4.036 billion a year earlier. Recurring EBIT rose 16.8 percent to CHF 976 million from CHF 836 million, and the quarterly margin reached 20.9 percent, up from 20.7 percent.

The development indicates that earnings growth continued to outpace sales growth. Holcim attributed the performance to customer demand for higher-value products, cost discipline and operational execution. Building Solutions was the faster-growing product line in the quarter, with sales up 27.1 percent in Swiss francs to CHF 1.920 billion. Building Materials sales increased 8.9 percent to CHF 3.216 billion.

Higher guidance sets next milestone

Holcim raised its full-year 2026 guidance for organic recurring EBIT growth to 10 percent to 12 percent, compared with its previous expectation of around 10 percent. The company continues to target organic sales growth of around 5 percent, further margin expansion and free cash flow of around CHF 2 billion.

The outlook also includes growth of more than 20 percent in recycled construction and demolition materials. Holcim said sales of ECOPact low-carbon concrete reached 33 percent of total ready-mix sales in the first nine months, up from 32 percent a year earlier. ECOPlanet accounted for 43 percent of cement sales, compared with 36 percent in the prior-year period.

For investors, the guidance upgrade puts execution and demand trends ahead of the next reporting date. Holcim's full-year results are scheduled for February 25, 2027, according to the company's investor calendar.

Burdett adds Australian recycling capacity

Holcim completed the Burdett Group acquisition on November 5. As described in Holcim's release, Burdett supplies aggregates, recycled construction and demolition materials, and sand in southeast Melbourne. The business has more than 120 employees and has operated across Victoria since 1972.

The transaction supports Holcim's NextGen Growth 2030 target of recycling more than 20 million tons of construction and demolition materials globally each year. Financial terms were not disclosed. The acquisition therefore adds operating capacity and circular-construction expertise, while its immediate contribution to earnings cannot be quantified from the published announcement.

Holcim stock investors can follow the real-time quote of Holcim stock for current trading information.

The broader German market environment is covered in current DAX market reports.

More company-specific developments are available in more news and analyses on Holcim stock.

Holcim stock at a glance

• Company: Holcim Ltd
• ISIN: CH0012214059
• Ticker: HOLN
• Home exchange: SIX Swiss Exchange
• Lang & Schwarz quote: 80.31 euros at 12:08 CET on November 9, 2026