Holcim reports increases in Q1
May 8, 2013 By Holcim Ltd.
May 8, 2013, Switzerland – Holcim Ltd. succeeded in increasing net income and cash flow from operating activities, further reducing net financial debt compared with the end of March 2012, and achieving a better ROIC before tax in Q1 of 2013.
Consolidated net sales were 7.2 per cent lower at CHF 4.3 billion. Operating
EBITDA fell by 9.5 per cent to CHF 650 million. Better
results were achieved in Group regions Europe and Latin America. Operating profit came to CHF 270 million, corresponding to a
decrease of 17.8 per cent. Net income was 164.1 per cent higher year-on-year
at CHF 295 million, and the share of net income attributable to shareholders of
Holcim Ltd. increased to CHF 187 million.
Outlook for 2013
Holcim anticipates an increase in sales of cement in 2013, but it will be
challenging to reach the previous year's levels in the aggregates and ready –
mix concrete businesses. While Group regions Asia Pacific, North America and
Latin America are expected to witness higher sales volumes, Holcim is somewhat
less optimistic with regard to Europe and Africa Middle East.
For the full report visit, www.holcim.com.
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