Buys 70% of Cementos Inka, adding 1.3 Mt/yr grinding capacity and port-connected sites near Lima and Pisco; asset-light, highly accretive deal expected to close by Oct 2026.
Deal uses a 0.25 share exchange valuing Nexa at ~USD 2.03bn equity (USD 3.67bn EV); closing targeted Q1 2027 with a VTO for remaining shares and USD 2.0bn bridge financing.
Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
Sale covers botanical extracts, vitamins & minerals, natural colors, antioxidants and certain Peru flavor activities; operations generated ~$170M in 2025 and employ ~600 across five plants; expected close by end‑2026.
Strong Q1 driven by higher Nordic power prices despite lower hydropower output; underlying EBITDA NOK13.3bn, net profit NOK8.1bn, net debt down NOK8.3bn, ROACE 12.3%
Acquisition expands Peru footprint: target had 2025 sales $630M, 28% adj. EBITDA; 3 plants (~5Mtpa) and 28 ready-mix/precast sites. Deal ~7.1x EBITDA post $40M synergies; EPS accretive Y1, ROIC Y3.
isobutyl acetate +$0.15/lb (NA, LatAm), +$0.28/lb (APAC); n-butyl (excl Eastapure) +$0.15/lb (NA, LatAm); n-propyl +$0.15/lb (NA, LatAm). Cited higher raw-material and energy costs.
FY2025: sales €3.56bn, EBIT €435m; EPS +2%; dividend +5% to €1.23/€1.22; free cash flow €316m. 2026 outlook: sales ~€3.7bn, EBIT ~€450m
Net sales rose 3%, EBIT margin expanded by 80bps. EPS up 5%, free cash flow at CHF 2.15B. 21 transactions completed, guiding for 2026 growth and increased recycling.
Holcim expands in Latin America with a strategic acquisition, enhancing growth and synergies, aligning with its NextGen Growth 2030 strategy. Transaction expected to close in H1 2026.
