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Feb 24 2023, 07:45 GMT
Holcim
Margins to expand in 2023
- Sectors : Building Materials
- Companies : Holcim
DAVY VIEW
Holcim has delivered a margin-led Q4 beat and, in guiding for ‘over-proportional’ growth in recurring EBIT, is implying that margins are set to expand in 2023. We do not envisage the ongoing management transition (new CEO to be announced in next 12 months) disrupting the shift to lightside products as the CEO is moving into the Chairman role.
