Holcim lifts guidance again on strong demand

Holcim has increased its full-year guidance due to robust demand for sustainable building materials. The company reported a 17% jump in recurring Ebit in the third quarter, surpassing expectations. Increased customer demand and cost discipline contributed significantly to this profit increase. The firm aims to announce around 15 acquisitions by the end of this year. Holcim is focusing on alternative fuels to mitigate rising energy costs.