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Holcim profit beats forecasts in third quarter By Reuters

October 25, 2024
in Stock Market
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ZURICH (Reuters) – Holcim (SIX:) reported higher than anticipated working revenue throughout its third quarter, the development supplies maker mentioned on Friday, regardless of a downturn in gross sales.

The corporate, which is planning to spin off its North American enterprise subsequent yr, posted recurring working revenue of 1.67 billion Swiss francs ($1.93 billion) for the three months to the top of September.

© Reuters. A drone view shows the Mormont Hill and the plant of cement maker Holcim in Eclepens near Lausanne, Switzerland, July 25, 2024. REUTERS/Denis Balibouse/ File Photo

The determine was barely forward of analyst forecasts for 1.65 billion francs in an organization equipped consensus.

($1 = 0.8656 Swiss francs)

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