Holcim Raises Full-Year Organic Operating Profit Guidance to 10%-12%
Holcim now expects organic recurring operating profit to rise 10%-12% this year, up from its previous 8%-10% guidance.
Holcim shares are expected to open higher after the building-materials group lifted its full-year outlook, RBC Capital Markets analyst Anthony Codling writes. The company now forecasts organic recurring operating profit growth of 10%-12% this year, compared with its earlier guidance of 8%-10%, following an…