Swiss earnings calls, October 23, 2026: Holcim raises profit guidance again
Holcim said it raised its fiscal 2026 organic recurring EBIT (earnings before interest and taxes) growth outlook to 10%–12% from around 10%. SGS said third-quarter sales were very close to 2 billion Swiss francs.
An update from FactIQ, written from company statements in earnings calls of companies listed in Switzerland. What is FactIQ?
Key figures
- Holcim, organic recurring earnings before interest and taxes growth outlook, fiscal year 2026
- 10%–12%stated by the chief executive; raised from around 10% previously
- SGS, sales, third quarter of fiscal year 2026
- very close to 2 billion Swiss francsstated by the chief executive; up nearly 15% globally compared with the third quarter of 2025
- Holcim, organic net sales growth expected, fiscal year 2026
- around 5%stated by the chief executive; at the high end of its NextGen Growth target
- SGS, Asia Pacific testing and inspection, organic growth, third quarter of fiscal year 2026
- 9.3%stated by the chief financial officer
Holcim raised its profit outlook for fiscal year 2026 for the second time
Holcim's chief executive said the company upgraded its fiscal year 2026 guidance for recurring earnings before interest and taxes (EBIT) for the second time, after an increase at the first half. "Organic" growth leaves out the effect of acquisitions and disposals.
- Holcim said it expects organic recurring EBIT growth of 10%–12%, up from around 10% previously.
- Holcim said it expects a further year-on-year margin increase.
- Holcim said it expects organic net sales growth of around 5%. It said this is at the high end of its NextGen Growth target.
- Holcim said it expects capital expenditure of around 1 billion.
- Holcim confirmed €60 million of Xella run-rate synergies and $40 million of Pacasmayo synergies, both in year three.
SGS said its third-quarter sales were up nearly 15%
The chief executive of SGS said sales in the third quarter of fiscal year 2026 were very close to 2 billion Swiss francs. The chief executive said this was up nearly 15% globally compared with the third quarter of 2025.
- SGS said its Industries and Environment business line delivered 3.6% organic growth and sales of 697 million Swiss francs.
- SGS said its Natural Resources business delivered 6.2% organic growth and sales of 448 million Swiss francs.
- The chief financial officer said Asia Pacific testing and inspection delivered 9.3% organic growth.
- Management guided for around 7% sales growth from acquisitions.
- SGS said it delivered Strategy 27 one full year ahead of schedule.
Both companies set out expectations for 2027
- Holcim said it aims for mid-single-digit price increases in 2027. It expects these to offset cost inflation and other impacts.
- Holcim said its Sensa store network in Latin America is targeting 5,000 stores by 2030, up from slightly fewer than 2,500 currently.
- SGS said it expects business assurance to fully normalize and achieve mid- to high-single-digit growth in fiscal year 2027.
- SGS said it expects European organic growth to be better than 2.4% as it goes into calendar year 2027.
- SGS said biosafety is expected to sustain double-digit growth and gain momentum.
Source: Earnings calls of companies listed in Switzerland. See which companies FactIQ covers.
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