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Holcim announces annual results for 2012


February 27, 2013
By Aggregates and Roadbuilding

February 27, 2013, Zurich, Switzerland – Holcim has
announced its annual financial results for 2012, with solid gains posted in
spite of significant financial challenges.

February 27, 2013, Zurich, Switzerland – Holcim has
announced its annual financial results for 2012, with solid gains posted in
spite of significant financial challenges.

In 2012, Holcim increased consolidated net sales,
operating EBITDA and net income despite the difficult economic environment in
Europe and restructuring costs. In 2013, Holcim expects increasing sales
volumes and significant growth in operating EBITDA and operating profit.

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Annual results 2012

  
Cement sales increased by 2.5 percent despite
declines in the European businesses

  
Consolidated net sales rose by 3.9 percent

  
Holcim Leadership Journey (contributing on a net
basis CHF 158 million) and price increases supported operating performance

  
Like-for-like and excluding restructuring costs,
Holcim experienced an increase of 6.4 percent in operating EBITDA and 11.4
percent in operating profit, resulting in margin improvements of 0.4 percentage
points and 0.7 percentage points respectively

  
Net income increased by 50.4 percent

  
Net financial debt declined by CHF 1.2 billion to
CHF 10.4 billion, which equates to a decline of approx. $1.325 billion Cdn.

  
Payout of CHF 1.15 per registered share ($1.27
Cdn.), compared to 1.00 in 2011.

 

Fourth quarter 2012

  
Positive volume developments for cement

  
Net sales increased

  
Adjusted operating EBITDA and operating profit
increased

 

Outlook for 2013

  
Holcim expects better demand for cement

  
Holcim Leadership Journey will gain further
momentum

  
Holcim anticipates significant growth at operating
EBITDA and operating profit level

 

To view a copy of the full report, go to www.holcim.com/results.


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