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Holcim AG (HCMLY) Q1 2026 Sales/Trading Call Transcript
2026-04-25 · via All Articles on Seeking Alpha

Holcim AG (HCMLY) Q1 2026 Sales/Trading Call April 24, 2026 4:00 AM EDT

Company Participants

Bernd Pomrehn - Group Head of Investor Relations
Miljan Gutovic - Head of Region Europe & CEO
Steffen Kindler - Chief Financial Officer

Conference Call Participants

Julian Radlinger - UBS Investment Bank, Research Division
Benjamin Rada Martin - Goldman Sachs Group, Inc., Research Division
Luis Prieto - Kepler Cheuvreux, Research Division
Pujarini Ghosh - Bernstein Institutional Services LLC, Research Division
Elodie Rall - JPMorgan Chase & Co, Research Division
Cedar Ekblom - Morgan Stanley, Research Division
Arnaud Lehmann - BofA Securities, Research Division
Martin Huesler - Zürcher Kantonalbank, Research Division
Ephrem Ravi - Citigroup Inc., Research Division
Yassine Touahri - On Field Investment Research LLP
Harry Goad - Joh. Berenberg, Gossler & Co. KG, Research Division
Harry Dow - Rothschild & Co Redburn, Research Division

Presentation

Bernd Pomrehn
Group Head of Investor Relations

Good morning. Welcome to the analyst and investor conference call of Holcim's First Quarter 2026 Trading Update. My name is Bernd Pomrehn, and I'm joined today by our CEO, Miljan Gutovic; and our CFO, Steffen Kindler, to present our financial results. Following the presentation, you'll -- we'll open the floor for questions. [Operator Instructions]

And now, I'm happy to hand it over to you, Miljan.

Miljan Gutovic
Head of Region Europe & CEO

Thank you, Bernd. Good morning to you all, and a warm welcome to Holcim's 2026 First Quarter Trading Update Conference. Steffen and I are pleased to be presenting our numbers to you today, and we look forward to taking your questions afterwards.

As you have seen, we have delivered a strong start to the year. There was a robust organic growth in net sales of nearly 4%, driven by leading positions in the highly attractive markets where we operate. The 8.3% organic growth in our recurring EBIT was even stronger, and this was driven by our premium