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Investing.com -- Holcim (SIX:HOLN) shares experienced volatility as the company unveiled its financial targets for the fiscal years 2025-2028 for Amrize, causing the stock to swing between losses and gains during the trading session.
The building materials giant provided ambitious targets, including a revenue compound annual growth rate (CAGR) of 5-8% and an adjusted EBITDA CAGR of 8-11%. The company also aims for a cumulative free cash flow of over $8 billion and a cash conversion rate of over 50%.
The announcement reflects Holcim’s strategic aspirations and excludes the impact of potential transformational mergers and acquisitions while including the prospects of bolt-on deals. This forward-looking guidance is part of the company’s effort to position itself as one of the fastest-growing companies in the building materials sector.
Analysts at RBC weighed in on the announcement, noting the company’s growth potential. "In our view, this would place the business as one of the fastest growing building materials companies in the peer group. This also broadly ties to disclosure provided in January 2024, where Holcim posited that the North American business could potentially grow to over $5bn EBIT by 2030, i.e., a double-digit EBIT CAGR."
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