Slide 1: Q1 2023 Trading Update
HSG Learning Center, St.Gallen, Switzerland ECOCycle® inside with 20% recycled construction demolition materials Q1 2023 TRADING UPDATE JAN JENISCH | CEO STEFFEN KINDLER | CFO APRIL 21, 2023
Slide 2: Highlights and Key Developments
01. HIGHLIGHTS AND KEY DEVELOPMENTS JAN JENISCH | CHIEF EXECUTIVE OFFICER HSG Learning Center, St. Gallen, Switzerland ECOCycle® inside with 20% recycled construction demolition materials
Slide 3: Q1 2023 Highlights: Strong Start to the Year, Guidance Upgraded
Q1 2023 HIGHLIGHTS STRONG START TO THE YEAR, GUIDANCE UPGRADED Net Sales of CHF 5’725 m Organic growth of +8.0% Recurring EBIT of CHF 493 m Over-proportional organic growth of +12.0% 12 value accretive acquisitions 5 in Solutions & Products; 7 in Aggregates & Ready-Mix Accelerating climate action Ho
Slide 4: Successful Transformation: 12 Value Accretive Acquisitions
SUCCESSFUL TRANSFORMATION 12 VALUE ACCRETIVE ACQUISITIONS Solutions & Products Aggregates & Ready-Mix Duro-Last Chrono Chape USA France / RMX Roofing systems Nicem FDT Flachdach Italy / AGG Technologie Germany Pioneer Landscape Centers Roofing systems USA / AGG Sivyer Logistics Indar UK / Constructi
Slide 5: Leader in Sustainability: Accelerating Climate Action
LEADER IN SUSTAINABILITY ACCELERATING CLIMATE ACTION 2nd Climate CO2 per Launch of Report Net Sales Holcim proprietary Circular Accelerating Reduction of 21% Technology Platform Climate Action in 2022 Giving shareholders ECOCycle® to accelerate recycling of Target >10% further a say on Holcim’s Cons
Slide 6: Financial Highlights
02. FINANCIAL HIGHLIGHTS STEFFEN KINDLER | CHIEF FINANCIAL OFFICER Eight Gardens, London, UK Built with ECOPact, the low carbon concrete
Slide 7: Q1 2023 Net Sales Bridge
Q1 2023 NET SALES BRIDGE STRONG ORGANIC NET SALES GROWTH OF +8.0% CHF m +8.0% 6’440 -835 +426 -306 5’725 Q1 2022 Acquisitions & Divestments Organic Growth FX Q1 2023 -11.1% 7
Slide 8: Q1 2023 Recurring EBIT Bridge
Q1 2023 RECURRING EBIT BRIDGE OVER-PROPORTIONAL ORGANIC RECURRING EBIT GROWTH OF +12.0% CHF m +12.0% 614 -141 +56 -36 493 Q1 2022 Acquisitions & Divestments Organic Growth FX Q1 2023 -19.7% 8
Slide 9: Q1 2023 Regional Performance
Q1 2023 REGIONAL PERFORMANCE BROAD-BASED PROFITABLE GROWTH North America Latin America Europe Asia Middle East & Africa +8.8% +0.2% +8.3% +3,6% +25.0% -40.3% +10.8% +16.2% +61.7% 36 1’083 1’742 726 244 2’044 118 197 NET SALES RECURRING EBIT % Total organic to external customers (CHF m) (CHF m) growt
Slide 10: North America
NORTH AMERICA STRONG START TO THE YEAR IN CEMENT, AGGREGATES & READY-MIX Q1 2023 CHF m +0.2% Organic Net Sales1 1’742 +5.5% Recurring -40.3% Organic 36 EBIT -47.0% 1 Net Sales to external customers Strong market demand in Closing of Duro-Last and 2 USA and Canada bolt-on acquisitions Roofing volumes
Slide 11: Latin America
LATIN AMERICA CONTINUED PROFITABLE GROWTH Q1 2023 CHF m +25.0% Organic Net Sales1 726 +6.4% Recurring +10.8% Organic 244 EBIT +10.7% 1 Net Sales to external customers 11th consecutive quarter of Expanding Solutions & profitable organic growth Products with 2 acquisitions in Mexico and Argentina Perf
Slide 12: Europe
EUROPE DELIVERING STRONG RESULTS Q1 2023 CHF m +8.8% Organic Net Sales1 2’044 +8.6% Recurring +61.7% Organic 118 EBIT +58.7% 1 Net Sales to external customers Strong performance across 2 acquisitions in Solutions & the region Products and 5 bolt-ons in Aggregates and Ready-mix Margin expansion drive
Slide 13: Asia Middle East & Africa
ASIA MIDDLE EAST & AFRICA PROFITABLE ORGANIC GROWTH WITH SIGNIFICANT MARGIN EXPANSION Q1 2023 CHF m +8.3% Organic Net Sales1 1’083 -48.8% Recurring +16.2% Organic 197 EBIT2 -41.4% 1 Net Sales to external customers 2 Contribution from share of net income from JVs: CHF 44 m in Q1 2023 vs. CHF 63 m in
Slide 14: Outlook and Guidance 2023
03. OUTLOOK AND GUIDANCE 2023 JAN JENISCH | CHIEF EXECUTIVE OFFICER Boston University, Boston, USA Built with ECOPact, the low carbon concrete
Slide 15: Outlook and Guidance 2023
OUTLOOK AND GUIDANCE 2023 CONTINUED PROFITABLE GROWTH, GUIDANCE UPGRADED Organic Net Sales growth above 6% Organic recurring EBIT growth above 10% Industry leading recurring EBIT margin above 16% Free Cash Flow of around CHF 3 bn Reduction of CO2 per Net Sales above 10% Seven Gardens Oak House quart
Slide 16: Upcoming Events
UPCOMING EVENTS MAY 4, 2023 Annual General Meeting JULY 27, 2023 Half Year 2023 Results OCTOBER 27, 2023 Q3 2023 Trading Update FEBRUARY 28, 2024 Full Year 2023 Results 16
Slide 17: Disclaimer
DISCLAIMER By accessing this presentation (and the information contained herein), you agree to be bound by and liable for breach of the following terms and conditions: The presentation (and the information contained herein) is provided to you by Holcim Ltd (“Holcim”) or any of its subsidiaries or af
Slide 18: Holcim
HOLCIM