Keep pulling the thread on Milan Gudović.
Holcim's eco-friendly building products, launched over five years ago, now account for more than one-third of the company's sales.
Holcim spun off its North American business to create a new chapter of growth and focus on more attractive markets.
The Mexican government under President Claudia Sheinbaum has committed to building 1.8 million homes over the next five years.
Holcim has a public target to achieve 200 million Swiss francs in net benefits from AI implementation by 2028.
Holcim's eco-friendly building products now represent more than one-third of the company's total sales.
Holcim operates a business model where it is paid to take waste materials, which it then processes into alternative fuels to replace fossil fuels, resulting in reduced costs and CO2 emissions.
Over the last five years, Holcim increased its profit margin in Europe by 430 basis points, driven by investments in its sustainable product offerings.
The Norwegian Sovereign Wealth Fund owns nearly 2% of Holcim.
Following the spin-off of its North American business, Holcim is now focusing on the most attractive markets across the 40 countries where it operates.
Holcim was the best-performing stock on the Swiss Market Index in 2023.
Europe is currently experiencing a housing shortage of approximately 10 million homes.
Holcim has observed a significant increase in building permit approvals across its key European markets since the second half of the previous year.