No doubt you’ll have the FUDsters stating that the sales amount is inconsequential, however it’s the forward sales potential here that counts. The move away from focusing on government DOTs and getting one or more of the big concrete players onboard is smart and it looks to be heading in the right direction. With Holcim’s recent M&A activity in last 2yrs, how long will it be before they want to buy in?? AIMHO.
Holcim operates in over 80 countries producing an annual global revenue (in 2023) of 27 billion Swiss Francs (approximately AUD$ 44 billion), with:
• the North American market representing 39% or approx. AUD$17 billion,
• 34% from the European market,
• 11% from the South American market, and
• 16% from the Asian, Middle Eastern and African markets.
Holcim is heavily focused on de-carbonising its cement, concrete products and other building materials that it markets.
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