Holcim Dirección
Dirección controles de criterios 2/4
El CEO de Holcim es Miljan Gutovic , nombrado en May 2024, tiene una permanencia de 2.17 años. compensación anual total es CHF6.75M, compuesta por 19.6% salario y 80.4% primas, incluidas acciones y opciones de la empresa. posee directamente un 0.03% de las acciones de la empresa, por valor de CHF12.63M. La antigüedad media del equipo directivo y de la junta directiva es de 2.2 años y 4.2 años, respectivamente.
Información clave
Miljan Gutovic
Chief Executive Officer (CEO)
CHF 6.7m
Compensación total
| Porcentaje del salario del CEO | 19.63% |
| Permanencia del CEO | 2.2yrs |
| Participación del CEO | 0.03% |
| Permanencia media de la dirección | 2.2yrs |
| Promedio de permanencia en la Junta Directiva | 4.2yrs |
Actualizaciones recientes de la dirección
Recent updates
Actualización de narrativa • Jun 24
HOLN: Rich P/E Will Likely Cap Upside Despite Recent Upgrades
Holcim's updated fair value estimate has increased to CHF 63.67, supported by a series of analyst actions, including a slightly lower CHF 73 target at RBC Capital, multiple upgrades to Outperform or Buy with higher price targets such as CHF 92, and updated assumptions for steadier revenue growth, a firmer profit margin, a lower discount rate, and a slightly reduced future P/E. Analyst Commentary Recent research on Holcim reflects a mix of optimism and caution, with several firms adjusting ratings and price targets as they reassess the company’s earnings profile, valuation, and execution risks.
Actualización de narrativa • Jun 05
HOLN: Cement Margins And Electrification Projects Will Shape Measured Future Upside
Holcim's analyst price target has been raised by CHF 2 to reflect slightly higher fair value estimates and improved margin expectations, supported by a series of recent upgrades and renewed coverage from major banks. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with their view that Holcim's earnings power can support a slightly richer valuation multiple, provided current margin expectations are met.
Actualización de narrativa • May 22
HOLN: Cement Pricing Strength In Europe Will Support Future Rebound Potential
Analysts have modestly raised their average price target on Holcim by CHF 2, reflecting a more constructive stance on the stock as several firms highlight solid cement pricing resilience in Europe and updated assumptions for revenue growth, margins and future P/E multiples. Analyst Commentary Recent research on Holcim has been skewed toward more optimistic views, with several bullish analysts revisiting their models on pricing, earnings power and valuation multiples.Actualización de narrativa • May 04
HOLN: Cement Pricing And Electrification Projects Will Shape Fairly Balanced Upside
The analyst price target for Holcim has been adjusted slightly higher to reflect a fair value of about CHF 78.70, with analysts pointing to recent upgrades and target raises, supported by steady assumptions for revenue growth, margins and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts are citing recent upgrades and resumed coverage with positive ratings as support for the idea that Holcim's execution on its strategy is being recognized in current valuation assumptions.Actualización de narrativa • Apr 20
HOLN: Cement Pricing Resilience And Margin Execution Will Shape Future Upside Balance
Holcim's analyst price target is updated to CHF 78.03, a small move supported by recent upgrades and resumed coverage from several banks. Analysts point to steadier profit margins and only modest adjustments to growth and discount rate assumptions.Actualización de narrativa • Apr 05
HOLN: European Cement Pricing Resilience Will Shape Upside Risk Balance
Analysts have trimmed the implied fair value for Holcim from CHF 78.71 to CHF 77.76. This reflects slightly higher discount rate and P/E assumptions, even as they reference recent Street research that includes both higher and lower price targets between CHF 69 and CHF 80 and differing views on cement pricing resilience in Europe.Actualización de narrativa • Mar 22
HOLN: Circular Expansion And Cement Pricing Support Will Shape Upside Risk Balance
Holcim's updated analyst price target edges slightly lower to CHF 78 from CHF 80, as analysts factor in a reduced future P/E assumption to 21.24x, along with adjusted expectations for revenue growth, profit margins and discount rates. Recent Street research reflects a mix of target hikes and trims clustered around the CHF 72 to CHF 80 range.Actualización de narrativa • Mar 08
HOLN: Cement Pricing Resilience In Europe Will Drive Rebound Potential
Our revised fair value estimate for Holcim has risen from CHF 70 to CHF 93. This reflects analysts' updated price targets in the CHF 72 to CHF 80 range and their view that recent share weakness has been overdone, while near term cement pricing in Europe is expected to hold.Actualización de narrativa • Feb 22
HOLN: Rich P/E And Downgrade Will Likely Limit Further Upside
Holcim's analyst price target has shifted to CHF 80, up CHF 5, as analysts weigh mixed revisions that balance slightly softer revenue and margin assumptions with a higher assumed future P/E multiple and recent price target changes at Citi and RBC Capital. Analyst Commentary Recent research on Holcim sends a mixed signal, with some bearish analysts trimming expectations while others adjust targets higher.Actualización de narrativa • Feb 07
HOLN: Circular Expansion And Mixed Street Views Will Shape Future Risk Balance
Narrative Update The updated analyst price target for Holcim edges up to about CHF 79 from roughly CHF 78.80, as analysts factor in mixed recent research that includes a CHF 5 target increase at Citi, a higher implied future P/E and adjustments to revenue growth and profit margin assumptions, alongside a modest trim from RBC Capital and a downgrade elsewhere on the Street. Analyst Commentary Recent research on Holcim reflects a split view, with some analysts lifting price targets while others trim expectations or move to a more cautious stance.Actualización de narrativa • Jan 23
HOLN: Circular Expansion And Mixed Ratings Will Shape Future Risk Balance
The analyst price target for Holcim has increased by about CHF 4 to roughly CHF 79, with analysts citing updated assumptions on fair value, discount rate, revenue trends, profit margin and future P/E, in light of recent mixed target changes across major banks. Analyst Commentary Recent research on Holcim reflects a mix of optimism and caution, with several large banks adjusting their price targets and ratings in different directions.Actualización de narrativa • Jan 09
HOLN: Cement Demand And Rich Multiple Will Likely Cap Further Upside
Analysts have raised their price expectations for Holcim by CHF 6 to CHF 78, citing improved profit margin assumptions and lower P/E expectations as the main factors behind the updated targets. Analyst Commentary Recent research on Holcim shows a mix of optimism and caution, with several large banks adjusting their views and price targets in quick succession.Actualización de narrativa • Dec 25
HOLN: Future Multiple Expansion Will Likely Disappoint Amid Softening Cement Demand
Analysts have lifted their price target on Holcim to CHF 78 from CHF 72, citing a higher fair value estimate of approximately CHF 58 per share and greater confidence in the stock's future earnings multiple, despite slightly softer growth and margin assumptions. Analyst Commentary Recent Street research on Holcim has been broadly constructive, with several major houses lifting their price targets into the high CHF 70s and reiterating positive recommendations.Actualización de narrativa • Dec 11
HOLN: European Cement Regime Will Offset Demand Risks And Circular Expansion Challenges
The analyst fair value estimate for Holcim has been raised to approximately CHF 74.90 from CHF 73.20. This reflects analysts' more constructive view on the company's positioning in a stronger European cement regime and recent upward revisions to Street price targets, despite some concerns about near term sales trends.Actualización de narrativa • Nov 27
HOLN: Outlook Will Balance European Demand Recovery With Margin Uncertainties
Holcim's fair value price target has increased modestly from CHF 72.05 to CHF 73.20. Analysts highlight renewed optimism, driven by upward revisions from major institutions and confidence in earnings resilience, despite cautious outlooks on revenue growth and profit margins.Artículo de análisis • Nov 16
Holcim AG's (VTX:HOLN) Earnings Are Not Doing Enough For Some Investors
When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") above 20x, you may consider...Actualización de narrativa • Nov 13
HOLN: Future Performance Will Reflect European Demand Trends and Sector Headwinds
Holcim's analyst price target has increased modestly, rising from CHF 71.35 to CHF 72.05. Analysts cite recent upgrades, strengthened ratings, and a more favorable outlook for the building materials sector as factors driving the revision.Actualización de narrativa • Oct 29
Recent Profit Margin Improvements Will Balance Softer Trends In Key Regions
Holcim's analyst fair value estimate has been raised from CHF 69.28 to CHF 71.35. Analysts point to improved profit margins and expectations for continued resilience in the building materials sector.Artículo de análisis • Oct 29
Holcim (VTX:HOLN) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Actualización de narrativa • Oct 15
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Holcim's analyst fair value target has ticked up modestly from CHF 68.35 to CHF 69.28. This reflects analysts' balanced outlook on earnings growth potential and sector resilience amid recent upgrades and more positive sentiment toward the European cement industry.Artículo de análisis • Oct 13
Should You Investigate Holcim AG (VTX:HOLN) At CHF65.70?
Let's talk about the popular Holcim AG ( VTX:HOLN ). The company's shares saw a decent share price growth of 11% on the...Actualización de narrativa • Sep 18
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Analysts increased Holcim’s target price to CHF68.35, citing resilient earnings, long-term growth from decarbonization, and value realization post-North America spin-off, despite concerns over full near-term valuation and earnings risks. Analyst Commentary Bullish analysts cited Holcim's resilient heavy side business performance and stable earnings outlook, even amid soft U.S. construction trends.Actualización de narrativa • Sep 03
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Holcim’s modestly higher price target reflects mixed analyst views on the Amrize spin-off, with bullish arguments centered on exposure to European recovery, structural decarbonization growth, and valuation appeal, while concerns over fair value and post-spin dynamics temper optimism—leading to a revised consensus price target of CHF66.96. Analyst Commentary Diverging analyst reactions to the spin-out of Holcim's North American operations into Amrize, with some seeing reduced value and others focusing on stronger balance sheet and potential margin improvement.Actualización de narrativa • Aug 07
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Given the absence of new analyst reasoning, both Holcim’s consensus price target and key valuation metrics such as Future P/E and discount rate have remained essentially unchanged, with the fair value holding steady at CHF65.77. What's in the News Holcim AG expects full-year 2025 post spin-off recurring EBIT growth of 6% to 10% in local currency.
Nueva narrativa • Mar 02
Amrize's NYSE Listing Will Unlock New Value And Access To US Capital Markets
Holcim's strategy of unlocking value through Amrize's NYSE listing and margin expansion via branded solutions predicts strengthened revenue and operational focus.Análisis de compensación del CEO
| Fecha | Compensación total | Salario | Ingresos de la empresa |
|---|---|---|---|
| Dec 31 2025 | CHF 7m | CHF 1m | CHF 389m |
| Sep 30 2025 | n/a | n/a | CHF 1b |
| Jun 30 2025 | n/a | n/a | CHF 3b |
| Mar 31 2025 | n/a | n/a | CHF 3b |
| Dec 31 2024 | CHF 4m | CHF 800k | CHF 1b |
Compensación vs. Mercado: La compensación total de Miljan($USD8.40M) está por encima de la media de empresas de tamaño similar en el mercado Swiss ($USD6.01M).
Compensación vs. Ingresos: La compensación de Miljan ha aumentado más de un 20%, mientras que los beneficios de la empresa han caído más de un 20% en el último año.
CEO
Miljan Gutovic (47 yo)
2.2yrs
Permanencia
CHF 6,749,752
Compensación
Mr. Miljan Gutovic is Vice President of Board of Directors at LafargeHolcim Maroc and has been its Non-Executive Director since May 09, 2018. He serves as Head of Region Europe at Holcim Ltd (formerly Lafa...
Equipo directivo
| Nombre | Posición | Permanencia | Compensación | Propiedad |
|---|---|---|---|---|
| Head of Region Europe & CEO | 2.2yrs | CHF 6.75m | 0.030% CHF 12.6m | |
| Chief Financial Officer | 3.3yrs | sin datos | 0.0014% CHF 575.1k | |
| Group Head of Operational Excellence | 2.2yrs | sin datos | 0.0016% CHF 690.1k | |
| Group Head of Investor Relations | no data | sin datos | sin datos | |
| Group General Counsel | 1yr | sin datos | 0.00089% CHF 379.2k | |
| Chief Communications Officer | 1.3yrs | sin datos | sin datos | |
| Chief Marketing & Innovation Officer | 2.8yrs | sin datos | sin datos | |
| Chief People & Sustainability Officer | 1.1yrs | sin datos | 0.00069% CHF 294.0k | |
| Region Head of Asia | 9.9yrs | sin datos | 0.023% CHF 9.8m | |
| Executive Officer | 4.8yrs | sin datos | sin datos | |
| Group Head of Strategy and M&A | no data | sin datos | sin datos | |
| Group Head of Building Systems | 2.3yrs | sin datos | 0.00045% CHF 191.7k |
2.2yrs
Permanencia media
49yo
Promedio de edad
Equipo directivo experimentado: El equipo directivo de HOLN se considera experimentado (2.2 años antigüedad media).
Miembros de la Junta
| Nombre | Posición | Permanencia | Compensación | Propiedad |
|---|---|---|---|---|
| Honorary Chairman | 8.2yrs | sin datos | 5.84% CHF 2.5b | |
| Independent Director | 2.2yrs | CHF 302.50k | 0.00012% CHF 51.1k | |
| Independent Chairman | 6.2yrs | CHF 810.00k | 0.0022% CHF 924.5k | |
| Independent Director | 7.2yrs | CHF 380.83k | 0.0017% CHF 741.3k | |
| Independent Director | 4.2yrs | CHF 307.18k | 0.00068% CHF 289.7k | |
| Independent Director | 1.2yrs | CHF 175.00k | sin datos | |
| Independent Director | 1.2yrs | CHF 179.68k | sin datos | |
| Independent Director | 7.2yrs | CHF 312.18k | 0.0017% CHF 741.3k | |
| Independent Director | 6.2yrs | CHF 330.93k | 0.0014% CHF 592.2k | |
| Independent Director | 4.2yrs | CHF 323.84k | 0.0022% CHF 954.3k | |
| Independent Director | 2.2yrs | CHF 283.84k | 0.00012% CHF 51.1k |
4.2yrs
Permanencia media
61yo
Promedio de edad
Junta con experiencia: La junta directiva de HOLN se considera experimentada (4.2 años de antigüedad promedio).
Análisis de la empresa y estado de los datos financieros
| Datos | Última actualización (huso horario UTC) |
|---|---|
| Análisis de la empresa | 2026/07/06 06:36 |
| Precio de las acciones al final del día | 2026/07/03 00:00 |
| Beneficios | 2025/12/31 |
| Ingresos anuales | 2025/12/31 |
Fuentes de datos
Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.
| Paquete | Datos | Marco temporal | Ejemplo Fuente EE.UU. * |
|---|---|---|---|
| Finanzas de la empresa | 10 años |
| |
| Estimaciones del consenso de analistas | +3 años |
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| Precios de mercado | 30 años |
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| Propiedad | 10 años |
| |
| Gestión | 10 años |
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| Principales avances | 10 años |
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* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.
A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.
Modelo de análisis y copo de nieve
Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también contamos con guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.
Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.
Métricas industriales y sectoriales
Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.
Fuentes analistas
Holcim AG está cubierta por 40 analistas. 17 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.
| Analista | Institución |
|---|---|
| Gerhard Schwarz | Baader Helvea Equity Research |
| Patrick Appenzeller | Baader Helvea Equity Research |
| Tom Zhang | Barclays |