Holcim Sees Rising Profit, Reveals Financials of US Spinoff (2)

Feb. 28, 2025, 8:33 AM UTC

Holcim Ltd. expects to grow sales and profitability this year as the cement maker took a key step toward spinning off its North American division by the end of the first half.

The Swiss manufacturer published financial figures for the Amrize spinoff for the first time, saying it generated $11.7 billion in revenue and an adjusted operating earnings margin of 27% last year.

WATCH: “Holcim is producing locally, we are sourcing locally, and whatever we produce we sell locally,” says CEO Miljan Gutovic, when asked about the impact of US tariffs. Source: Bloomberg

The figures were included in a Friday filing with the US Securities and Exchange Commission, required to register Amrize shares for trading in the country. Holcim plans to brief investors about the business ...

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