Holcim (HOLN) Targets Up to 8% Annual Revenue Growth for US Spinoff

» Holcim (HOLN) Targets Up to 8% Annual Revenue Growth for US Spinoff



Holcim Ltd.’s soon-to-be spun-off US construction materials business Amrize is targeting revenue growth of between 5% and 8% a year through fiscal 2028 as it bets on rising building activity in North America.

Amrize projects operating earnings to climb as much as 11% annually in the period, it said Tuesday before a meeting with investors in New York. The company expects to be the largest provider of cement in the US and Canada and plans to dual-list on the New York and Zurich stock exchanges by the end of the first half.



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