Latest consensus estimates

	Q1 2023	Q1 2024	Q1 2024	Q1 2024		FY 2023	FY 2024	FY 2024	FY 2024
	Actual	Consensus	Minimum	Maximum		Actual	Consensus	Minimum	Maximum
Net Sales, [mCHF]
Europe	1,687	1,588	1,508	1,639		7,284	7,292	6,815	7,473
Latin America	686	682	622	752		2,861	2,923	2,744	3,164
Asia Middle East & Africa	1,016	890	823	1,001		3,982	3,830	3,297	4,162
North America	1,203	1,160	1,083	1,248		6,711	7,092	6,847	7,542
Solutions & Products	1,001	1,189	1,089	1,269		5,608	6,113	5,858	6,375
Corporate / Eliminations	131	111	99	150		526	553	450	610
Group*	5,725	5,619	5,555	5,715		27,009	27,803	27,020	28,172
Recurring EBIT, [mCHF]
Europe	97	100	65	129		1,202	1,260	1,175	1,363
Latin America	243	233	201	255		985	1,004	912	1,056
Asia Middle East & Africa	191	170	154	196		898	889	778	989
North America	36	37	15	57		1,483	1,612	1,365	1,813
Solutions & Products	28	59	44	91		614	702	587	770
Corporate	-101	-99	-109	-80		-422	-420	-454	-380
Group*	494	501	471	532		4,760	5,048	4,905	5,185

*Total Group can be different from the sum of the regions since not all estimates include a regional split
Contributors: Q1 2024 based on 19 estimates / FY 2024 based on 17 estimates
Last updated: 05/04/2024

The consensus is based on estimates collected by the company and also takes into account estimates available on Visible Alpha¹ which have been submitted after March 26, 2024. Overall 19 analysts contributed to the Q1 2024 consensus.

The consensus is calculated by taking the arithmetic average of the constituent analyst forecasts.

Visible Alpha and investment analysts have had no access to Holcim's internal budgets, forecasts or information which is not publicly available. Holcim has not commented on individual forecasts nor does it intend to do so in the future. Holcim assumes no obligation to update or revise such information.

The consensus data is based on the analysts' opinions, projections and predictions regarding the Company's performance. It does not represent the Company’s own views on its performance.
The Company endeavours to ensure that the consensus data is accurate and up-to-date but it is not under an obligation to update the consensus data, revise or supplement the consensus figures to reflect circumstances existing after the date hereof.

The consensus is provided purely as a courtesy to the Company shareholders and other stakeholders and for information purposes only. The consensus is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by the Company or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of those matters.

The Company does not accept any liability whatsoever for reliance  upon, or actions taken based on, any of the information set out in the consensus. The consensus is forward-looking and as such is speculative and rely on assumptions and events in the future (some or all of which may not be satisfied or may not occur).

For further information regarding consensus forecasts please contact the Investor Relations Team.

¹ Disclaimer:
THE INFORMATION PROVIDED BY VISIBLE ALPHA CITED HEREIN PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTY OF ANY KIND. USE OF ANY VISIBLE ALPHA DATA IS AT YOUR OWN RISK AND VISIBLE ALPHA DISCLAIMS ANY LIABILITY FOR USE OF THE VISIBLE ALPHA DATA. ALTHOUGH THE INFORMATION IS OBTAINED OR COMPILED FROM RELIABLE SOURCES VISIBLE NEITHER CAN NOR DOES GUARANTEE OR MAKE ANY REPRESENTATION OR WARRANTY, EITHER EXPRESS OR IMPLIED, AS TO THE ACCURACY, VALIDITY, SEQUENCE, TIMELINESS, COMPLETENESS OR CONTINUED AVAILABILITY OF ANY INFORMATION OR DATA, INCLUDING THIRD-PARTY CONTENT, MADE AVAILABLE HEREIN. IN NO EVENT SHALL VISIBLE ALPHA BE LIABLE FOR ANY DECISION MADE OR ACTION OR INACTION TAKEN IN RELIANCE ON ANY INFORMATION OR DATA, INCLUDING THIRD-PARTY CONTENT. VISIBLE ALPHA FURTHER EXPLICITLY DISCLAIMS, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY WARRANTY OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.