Holcim stock reports 5.2 percent first half growth before Q3

Published on 10/03/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Holcim stock reflects 5.2 percent organic sales growth in H1 2026, with results presented on July 31, 2026. JPMorgan sees 13 percent like for like EBIT growth ahead of the October 23 update.

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Holcim stock (ISIN CH0012214059) was last at CHF 64.66 on the SIX on October 2, 2026 at 5:30 p.m. CEST, up 0.28 percent on the session. The latest operating signal is stronger: Holcim reported 5.2 percent organic net sales growth and 11.5 percent recurring EBIT growth for the first half of 2026, according to Yahoo Finance on July 31, 2026.

Growth accelerated in Q2

The second quarter provided the sharper comparison. Organic net sales growth reached 6.4 percent, compared with 5.2 percent for the first half, while recurring EBIT growth reached 13.1 percent against 11.5 percent for the same period. The figures point to improving momentum inside the current reporting year rather than relying only on acquisitions.

Yahoo Finance reported that Holcim upgraded its 2026 guidance to 5 percent organic net sales growth and 10 percent organic recurring EBIT growth, alongside a recurring EBIT margin increase and CHF 2 billion of free cash flow guidance.

JPMorgan sets the October test

JPMorgan placed Holcim on Positive Catalyst Watch ahead of the October 23, 2026 third-quarter trading update, according to Investing.com on September 9, 2026. The bank estimated 13 percent like for like EBIT growth, three percentage points above Holcim's 10 percent guidance.

The same catalyst depends on execution across regions. Holcim said recurring EBIT in Asia, the Middle East and Africa grew 24 percent organically in the first half, while the regional margin increased 80 basis points to 26 percent. The company also reported a 36 percent increase in recycled construction and demolition materials during the period.

Stock remains below yearly high

The SIX reference price of CHF 64.66 stood between the 52-week low of CHF 60.10 and high of CHF 82.54 on October 2, 2026. Trading volume reached 1,367,607 shares, while market capitalization stood at CHF 35.8 billion. For investors, the October update will test whether the first-half growth rates can support the upgraded full-year targets.