Holcim reports increases in Q1

May 08, 2013
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.

Financial results

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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