Holcim is trading at CHF 66.90, up 5.19%, after raising its full-year recurring operating profit growth outlook to 10–12%.
- Its October 23 third-quarter report showed recurring operating profit up 17% to CHF 976 million, beating analyst forecasts of CHF 949 million. Sales reached CHF 4.66 billion, also ahead of forecasts.
- The outlook was previously 10%; Bloomberg linked the increase to stronger-than-expected quarterly profit and demand.