Holcim Ltd (HCMLF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the analyst and investor conference call for Holcim's first half 2026 results. My name is Bernd Pomrehn and I'm pleased to be joined by Miljan Gutovic, our CEO, and our CFO, Steffen Kindler. After their presentation of our results, you will have the opportunity to ask your questions. Sandra, may I ask you to share the technical details with us? Thank you. You can register for questions at any time by pressing star and one on your telephone. Webcast viewers may submit their questions in writing by the relative field. I would like to remind you that all participants have been listened only mode and the conference has been recorded. For operator assistance please press star and zero. The conference must not be recorded for publication or broadcast. Thank you so much Sandra and with this I directly hand it over to Miljan. Miljan please. Thank you Bernd. Good morning to you all and welcome to Holcim's 2026 Half Year Results and Analysts and Investors Conference. Stefan and I are pleased to be presenting our numbers to you today and of course we look forward to taking your questions afterwards. As you have seen, after a very strong start to the year, our momentum even accelerated in Q2. In net sales, our organic growth was 5.2% for H1 and 6.4% in Q2. There was an even stronger momentum in recurring EBIT, which grew 11.5% in H1 and by 13.1% in Q2. The drivers included increased customer demand for our sustainable offering, our strict cost discipline, and of course our operational excellence. In the first six months, we closed the two value-accretive strategic acquisitions of Xela and Pakasmajo. This we will discuss later on. And building on our strong first-half performance, we are upgrading our 2026 full-year guidance. Turning to the regional hi...