ANNUAL REPORT 2023: RECORD RESULTS

ACHIEVING STRATEGY 2025 
AHEAD OF PLAN


In 2023, we delivered record results and achieved our Strategy 2025 two years ahead of plan, while growing in the most attractive markets and leading in sustainability.

Explore our digital annual report which summarizes our 2023 highlights and read the full Annual Report.

“With record results in 2023, Holcim is stronger than ever. We achieved our Strategy 2025 two years ahead of plan.”

Jan Jenisch| Chairman & CEO
READ THE LETTER FROM OUR CHAIRMAN AND CEO

Delivering record results

 

In 2023, we reached a new level of financial performance based on our superior earnings profile, with industry-leading margins and a strong balance sheet.

NET SALES
CHF

27.0 BN

2022: CHF 29.2BN

RECURRING EBIT
CHF

4.8 BN

2022: CHF 4.8BN

RECURRING EBIT MARGIN
%

17.6 %

2022: 16.3%

LEARN MORE: DELIVERING RECORD RESULTS

Growing in the most attractive markets

Holcim’s profitable growth story continues in North America, driven by its state-of-the-art operational footprint and the market’s construction boom.  

Shifting from volume to value, we delivered record performance in Europe with leadership in decarbonization and circularity driving profitable
growth. 

We are playing an essential role in modernizing Latin America’s infrastructure and building stock, with leading profitability across all our markets.  

In Asia, Middle East and Africa, we are focusing on the most attractive markets to deliver profitable organic growth and shareholder value.

In advanced roofing, insulation and specialty building solutions, our focus is on system selling, repair and renovation and acquisitions to create superior value.

MULTI-BILLION SWISS FRANC BRANDS

Holcim reached 30 percent of net sales from its multi-billion Swiss franc brands in 2023, from ECOPlanet and Elevate to Fuerte.

Leading in sustainability
 

Sustainability is at the core of our strategy, as we lead the shift to low-carbon, circular, energy-efficient
and nature-friendly building.

CO2 REDUCTION

20 %

CO2/net sales1

CIRCULAR CONSTRUCTION

+24 %

Recycling of Construction Demolition Materials2

CCUS PROJECTS

6

CCUS projects in execution

1 2023 Scope 1 + Scope 2 CO2 emissions per million of net sales compared to 2022

2 Compared to 2022
 

LEARN MORE: LEADING IN SUSTAINABILITY

FULL YEAR 2023 RESULTS: documents


Newsletter: Building Progress


Driven by our purpose to build progress for people and the planet, Holcim is on a mission to decarbonize building. 

Sign up for Holcim’s Building Progress newsletter to learn more about our broad range of innovative and sustainable building solutions and how we can all play a part to build a net zero future together.
 

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