Holcim

1. Price Competition: Holcim faces intense price competition from its competitors in the cement and building materials marketplace, which can lead to significant margin contraction and financial losses.

2. Environmental Regulations: Holcim operates in an environmentally sensitive sector, and the company must abide by numerous laws and regulations that require proper management of its natural resources and emissions.

3. Fluctuations in Input Costs: Holcim is highly exposed to fluctuations in energy and material costs due to its global production operations, which can affect profitability and cash flows.

4. Currency Fluctuations: Holcim receives revenues in various currencies and may pay suppliers and incur expenses in other currencies, leading to foreign exchange rate fluctuations that can impact results.

5. Political Risk: Holcim operates in various countries around the world and is exposed to the political and regulatory risk associated with those countries.

6. Competition: Holcim faces competition from both global and regional competitors, which can make it difficult to maintain market share and achieve attractive pricing for products.