Holcim sees mixed 2027 European construction outlook

Holcim anticipates a mixed outlook for Europe's construction sector in 2027. Infrastructure spending should continue while residential projects depend on interest rates.

Insights:
The new logo of Swiss cement maker Holcim is seen in a block of concrete during the Holcim Capital Markets Day event in Basel, Switzerland, November 18, 2021. REUTERS/Arnd Wiegmann

Holcim expects a varied European construction sector in 2027, driven by steady infrastructure spending and interest-rate-dependent housing. CEO Miljan Gutovic outlined the outlook during Friday morning's third-quarter earnings briefing. The regional divergence highlights uneven recovery across key European markets.

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