LafargeHolcim, the world’s leading building materials manufacturer, continues to focus on sustainability and innovation. On September 19, 2024, the company announced it would invest in Sublime Systems to scale a breakthrough low-carbon technology. This strategic decision underlines LafargeHolcim’s commitment to greener construction solutions and could have a significant impact on the future of the industry.
Leadership changes and financial stability
At the beginning of September, LafargeHolcim also announced important management changes, indicating a realignment of the company. With a current share price of EUR 88.21 and a market capitalization of EUR 51.1 billion, the group is financially robust. The forecast dividend yield of 3.58% for 2024 and a P/E ratio of 14.26 indicate an attractive valuation. Given recent developments, LafargeHolcim shares remain interesting for investors who are committed to sustainable innovation in the construction sector.
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