Holcim Reports 7.8% Increase in Q1 Operating Profit

29 Apr 2024 CW Team

The rise in operating profit reflects Holcim's strategic initiatives aimed at enhancing operational efficiency, driving innovation, and capturing growth opportunities across its key markets. Despite facing headwinds such as supply chain disruptions and inflationary pressures, Holcim's proactive approach has enabled it to deliver solid financial results.

Key factors contributing to Holcim's positive performance include strong demand for construction materials, particularly in emerging markets, as infrastructure development continues to be a priority for many countries. Additionally, Holcim's focus on sustainable practices and green building solutions has resonated with customers seeking environmentally friendly options.

Furthermore, Holcim's ongoing digital transformation efforts have enhanced its agility and responsiveness, allowing the company to better meet customer needs and optimize its operations. By leveraging technology and data analytics, Holcim has been able to streamline processes, improve productivity, and drive cost efficiencies across its value chain.

Looking ahead, Holcim remains cautiously optimistic about its outlook for the remainder of the year, despite uncertainties surrounding the global economic recovery and geopolitical developments. The company remains committed to its strategic priorities of delivering sustainable value for its stakeholders while contributing to the advancement of the construction industry.

In summary, Holcim's strong performance in the first quarter underscores its resilience, agility, and commitment to driving sustainable growth. With a focus on innovation, efficiency, and sustainability, Holcim is well-positioned to navigate the evolving business landscape and capture opportunities for long-term success.

Holcim, one of the world's leading suppliers of cement and aggregates, has reported a 7.8% increase in its operating profit for the first quarter of 2024. The company's robust performance comes amidst a challenging global economic landscape, demonstrating its resilience and adaptability. The rise in operating profit reflects Holcim's strategic initiatives aimed at enhancing operational efficiency, driving innovation, and capturing growth opportunities across its key markets. Despite facing headwinds such as supply chain disruptions and inflationary pressures, Holcim's proactive approach has enabled it to deliver solid financial results. Key factors contributing to Holcim's positive performance include strong demand for construction materials, particularly in emerging markets, as infrastructure development continues to be a priority for many countries. Additionally, Holcim's focus on sustainable practices and green building solutions has resonated with customers seeking environmentally friendly options. Furthermore, Holcim's ongoing digital transformation efforts have enhanced its agility and responsiveness, allowing the company to better meet customer needs and optimize its operations. By leveraging technology and data analytics, Holcim has been able to streamline processes, improve productivity, and drive cost efficiencies across its value chain. Looking ahead, Holcim remains cautiously optimistic about its outlook for the remainder of the year, despite uncertainties surrounding the global economic recovery and geopolitical developments. The company remains committed to its strategic priorities of delivering sustainable value for its stakeholders while contributing to the advancement of the construction industry. In summary, Holcim's strong performance in the first quarter underscores its resilience, agility, and commitment to driving sustainable growth. With a focus on innovation, efficiency, and sustainability, Holcim is well-positioned to navigate the evolving business landscape and capture opportunities for long-term success.

Infrastructure Urban

29 Aug 2025

Maharashtra to Transform 3,500 Villages into Smart Hubs by 2030

Maharashtra has announced an ambitious plan to develop 3,500 "Smart and Intelligent Villages" by 2030, aligning with its Viksit Maharashtra 2047 and trillion-dollar economy goals. The initiative will introduce advanced technology-driven services in agriculture, education, healthcare, and banking, setting a model for rural transformation across India.Chief Minister Devendra Fadnavis launched the Satanwari Smart and Intelligent Village project in Nagpur district on Sunday, developed in collaboration with the state government, Nagpur District Administration, and Voice of Indian Communication Tech..

Infrastructure Transport

29 Aug 2025

GRSE Strengthens Shipbuilding Momentum, Frontrunner for Rs 250-Bn Corvette Order

Garden Reach Shipbuilders & Engineers (GRSE) expects robust growth in its shipbuilding business, supported by defence procurement plans and government initiatives to promote indigenous shipbuilding.“Despite competition from global and Indian yards, GRSE continues to maintain healthy growth momentum and is actively pursuing opportunities in both domestic and export markets,” the management said in its FY25 annual report.The Kolkata-based defence PSU, which delivered its 110th warship — Survey Vessel Large INS Nirdeshak — to the Indian Navy in October 2024, has emerged as the lowest ..

Infrastructure Transport

29 Aug 2025

Delhi-Chandigarh Highway Leads in FASTag Annual Pass Adoption

The Delhi-Chandigarh highway has emerged as a frontrunner in the adoption of the new FASTag Annual Pass, with almost 30% of private cars now using the scheme—three times higher than the national average. Officials say this reflects strong commuter confidence and highlights a shift towards transparent, efficient, and sustainable mobility solutions.The FASTag Annual Pass offers frequent highway users a cost-effective and convenient payment option, reducing travel costs while cutting down on idling at toll plazas. This not only saves fuel but also lowers emissions, aligning with India’s carbo..