LafargeHolcim - March 2017


LafargeHolcim's underlying turnover for 2016 amounted to CHF26,904m, a decline of 8.7 per cent, while in euro terms there was an 8.3 per cent decrease to EUR25,255m. The Asia-Pacific region generated 29.9 per cent of group turnover, while Europe represented 25.5 per cent and North America 20.3 per cent. Latin America contributed 10.1 per cent and Africa/Middle East 14.2 per cent. Margins improved from 19.5 per cent to 21.6 per cent and underlying operating EBITDA recovered by 1.3 per cent to CHF5825m in Swiss franc terms, while it improved by 1.1 per cent to EUR5450m, when measured in euros. At the trading level there was s swing from a loss of CHF347m to a profit of CHF2837m (EUR2663m) and after a 31.5 per cent reduction in the net financial charge to CHF917m (EUR861m) there was a pretax profit of CHF2882m (EUR2705m). The net attributable profit emerged at CHF1791m (EUR1681m) compared with a CHF2116m loss the year before.

To continue reading this story and have 100% free access to the CemNet.com website, please Register for a subscription to International Cement Review or Login