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Holcim ( (CH:HOLN) ) has just published an announcement.
Holcim has announced the acquisition of Xella, a leading provider of sustainable wall systems in Europe, which is expected to generate sales of €1 billion by 2025. This strategic acquisition is in line with Holcim's NextGen Growth 2030 strategy, strengthens the Building Solutions segment and provides significant synergies and financial benefits, including a positive impact on earnings per share and free cash flow from the first year.
The most recent analyst rating for (CH:HOLN) shares is “Hold” with a price target of CHF 71.00. The complete list of analyst forecasts for Holcim shares can be found in CH:HOLN Stock Forecast Page..
More about Holcim
Holcim is a leading partner in sustainable construction with sales of CHF 16.2 billion in 2024. Headquartered in Zug, Switzerland, the company employs over 48,000 people in 45 markets in Europe, Latin America, Asia, the Middle East and Africa. Holcim offers high-quality building materials and solutions, using premium brands such as ECOPlanet, ECOPact and ECOCycle®.
YTD price history: 53.30%
Average trading volume: 1,135,381
Technical sentiment signal: Buy
Current market capitalization: 35.5 billion CHF
Further data on HOLN shares can be found at TipRanks stock analysis page.
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