Holcim Maintains 2026 Targets Despite Conflict

The Swiss cement maker confirmed its annual sales growth target of 3-5% today after reporting robust first-quarter results that beat analyst expectations. CEO Miljan Gutovic stated that Middle East operations represent only 1.5% of sales and will not impact the firm's outlook.

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Switzerland building materials giant HOLCIM LTD has confirmed its full-year 2026 financial targets, signaling confidence that geopolitical tensions involving Iran will not significantly disrupt its global operations. The company expects to achieve annual sales growth of 3% to 5% on a constant currency basis, alongside an improvement in recurring operating profit of 8% to 10%.

A concrete block features the modern Holcim brand logo at a corporate event in Basel, Switzerland. REUTERS/Arnd Wiegmann
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