Holcim Full Year 2024 Earnings Miss Expectations
Holcim's full-year 2024 results missed analyst expectations, with revenue declining 2.2% to CHF26.4 billion and net income falling 3.8%. The company's profit margin remained steady at 11%, but earnings per share (EPS) missed estimates by 7.1%. Looking ahead, Holcim forecasts average annual revenue growth of 4.7% over the next three years.
- This disappointment highlights the vulnerability of even large and well-established companies to external market factors, such as fluctuations in commodity prices and regulatory changes.
- How will Holcim's management respond to this missed target, and what strategic adjustments might be made to get the company back on track?