immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Rekordwert

  • Holcim looks back on an excellent half year

    Holcim looks back on an excellent half year

    Holcim generated sales of CHF 13.07 billion in the first half of 2023, the globally active Zug-based building materials group informed in a statement. This corresponds to a year-on-year decline of 11.0 percent. On an organic basis, growth of 7.4 percent was achieved, Holcim writes.

    Holcim reported a recurring operating result at EBIT level of CHF 2.04 billion for the reporting period. In the same period of the previous year, the figure was CHF 2.17 billion. The organic growth is put at 13.4 percent in the statement. The margin on operating profit increased by 0.8 percentage points year-on-year to 15.6 per cent. In the second quarter of 2023, a margin of 21.1 per cent was realised. Earnings per share increased by 15.3 per cent year-on-year to a record 2.19 Swiss francs. The company describes the first-half results as “outstanding”.

    “We are on track to achieve industry-leading margins in the 2023 financial year,” Jan Jenisch, Holcim’s chairman and CEO, was quoted as saying in the statement. “This confirms Holcim’s strong position in all markets where our leading sustainable construction solutions and brands deliver above-average profitability and growth.”

    In the half year under review, Holcim invested CHF 1.8 billion in 18 acquisitions. In addition, the company continued its expansion in the North American market, the statement said. According to it, Holcim has already been awarded more than 70 infrastructure projects in the US for the period 2023 to 2026.

  • Zurich homes fetch record prices

    Zurich homes fetch record prices

    "Zurich's home prices are skyrocketing," writes the Zürcher Kantonalbank ( ZKB ) in its real estate barometer for the fourth quarter of 2021 . According to the analysts at ZKB, prices for residential property in the Canton of Zurich rose by an average of 9.3 percent year-on-year to new record levels. The analysts account for the highest increase of 11.3 percent for residential property in the lake communities and the city of Zurich.

    Rents also achieved “the highest overall annual growth since the end of 2014” in the reporting period, the barometer continues. The analysts attribute this to the currently falling figures for vacant apartments “in combination with robust immigration”. In the city of Zurich, on the other hand, “the centers lost their attractiveness during the pandemic”. Here, rents increased by only 0.5 percent year-on-year.

    The analysts also cite the long approval period for the construction of apartment buildings as a background for the developments. The approval period for major projects has almost doubled since 2001 from 183 to 324 days. "High-density construction often generates areas of friction and often leads to lengthy appeals and delays," the analysts explain. As a result, the implementation of many major projects is no longer decided in the Zurich building department, but in court. Ultimately, however, "in most cases a solution" can be found.

  • Sika posts record sales

    Sika posts record sales

    Sika generated record sales of 9.24 billion Swiss francs in the 2021 financial year, the Zug-based group specializing in specialty chemicals in the construction and automotive industries, which is active around the world, reports in a press release. Compared to the previous year, this corresponds to growth of 17.1 percent in local currencies. Organic growth is put at 15.1 percent year-on-year in the announcement. A number of acquisitions made during the reporting period contributed 2.0 percentage points to sales growth.

    "As expected, the challenging year 2021 ended very successfully for Sika", CEO Thomas Hasler is quoted in the announcement. "We benefit from various growth platforms and are excellently positioned to achieve long-term success." Hasler expects government investment programs to further boost sales growth in the future. In addition, the CEO sees an enormous need for sustainable solutions in the construction industry.

    In the year under review, Sika sales in the construction industry grew faster than the market, the press release further explains. Sika shows double-digit growth year-on-year in all regions of the world. The strongest growth in sales, at 21.0 percent, was in the Americas region. In the separately reported business with the automotive industry (Global Business segment), Sika returned to the growth zone in the reporting year after a decline in 2020. Specifically, growth of 4.3 percent was achieved in local currencies.

    The group plans to communicate its detailed annual report for 2021 on February 18. In doing so, Sika expects to be able to report a disproportionately high increase in the operating result at EBIT level and an EBIT margin of 15 percent.