LafargeHolcim Q3 2023 Trading Update and Earnings

LafargeHolcim reported Q3 2023 results with record recurring EBIT of CHF 1,600m and 9M organic net sales growth of 6.2%. The company upgraded 2023 guidance to an industry-leading recurring EBIT margin above 17% and announced an ambitious roofing strategy targeting USD 6.0+ billion in net sales by 2026, while advancing sustainability with a 20% reduction in CO2 per net sales.