Holcim : Full Year 2022 Results - Analyst Presentation
February 24, 2023 at 11:17 am IST
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ECOPact, green concrete - one of Holcim's green building solutions
FY 2022 RESULTS
RECORD PERFORMANCE SUCCESSFUL TRANSFORMATION
JAN JENISCH | CEO
GÉRALDINE PICAUD | CFO
FEBRUARY 24, 2023
01.
HIGHLIGHTS
AND KEY
DEVELOPMENTS
JAN JENISCH | CHIEF EXECUTIVE OFFICER
The Seattle Spheres, Amazon headquarters
Built with ECOPlanet with an 80% lower CO2 footprint
2022 HIGHLIGHTS
RECORD PERFORMANCE, SUCCESSFUL TRANSFORMATION
Record performance
Net Sales of CHF 29'189 m, +12.9% LFL Recurring EBIT of CHF 4'752 m, +7.2% LFL
EPS1 of CHF 4.96 per share2, up 25%
ROIC of 9.5%, +0.6pp
Free cash flow of CHF 3.5 bn2
Leverage of 0.9x
Outlook 2023
Continued profitable growth and on-going successful transformation
Successful Transformation
Solutions & Products driving profitable growth
Reaching 19% of Group's Net Sales
Expansion in the most attractive North American market, 35% of Group's Net Sales
6 value accretive acquisitions in Solutions & Products; 13 highly synergistic bolt-ons
in Aggregates and Ready-mix concrete
Accelerated reduction of CO2 per Net Sales by 21%
3
1 Before impairment & divestments 2 Before resolution with Department of Justice (DOJ)
2022 RESULTS
RECORD PERFORMANCE
NET SALES
CHF bn
+12.9%
LFL
27.5
26.7
29.2
26.8
23.1
2018
2019
2020
2021
2022
NET DEBT LEVERAGE
2.2x
1.5x 1.4x 1.4x
0.9x
2018 2019 2020 2021 2022
RECURRING EBIT
CHF bn
4.61
4.10
3.783.68
2018
2019
2020
2021
ROIC
8.9%
7.4% 7.4%
6.5%
2018 2019 2020 2021
+7.2%
LFL
4.75
2022
9.5%
2022
4 2018 pre-IFRS16
SUCCESSFUL TRANSFORMATION
VALUE ACCRETIVE ACQUISITIONS IN SOLUTIONS & PRODUCTS
6 acquisitions
in Solutions & Products
Total spend: CHF 2.3 bn
EV/EBITDA ~11x
US: Roofing & Insulation
Europe: Specialty Building Solutions
13 Bolt-on acquisitions
in Aggregates and Ready-mix concrete
Dynamic start of the year -
7 transactions in the first 2 months of 2023
3 acquisitions in Solutions & Products
4 bolt-ons in Aggregates and Ready-mix concrete
Divestments closed
Total proceeds: USD 7.3 bn
EV/EBITDA >15x
Brazil
Successful closing on
September 6th, 2022
India
Successful closing on
September 15th, 2022
Zimbabwe
Successful closing on
December 1st, 2022
5
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Disclaimer
Holcim AG published this content on 24 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2023 05:46:05 UTC.
Holcim Ltd specializes in producing and marketing construction materials. Net sales break down by family of products as follows:
- cement and clinkers (45%);
- ready-mix concrete (22%);
- granulates (12.2%): sand, gravel, chalk, etc.;
- other (20.8%).
Net sales are distributed geographically as follows: France (8.1%), the United Kingdom (6.7%), Switzerland (3.2%), Germany (3%), Europe (29.3%), Canada (9.6%), Mexico (6.7%), Australia (4.7%) and other (28.7%).
HOLCIM LTD 
