Holcim to meet targets despite U.S. slowdown
Holcim is confident it will meet its targets this year despite expecting a slowdown in U.S. cement consumption, the group’s chief executive told Reuters on Thursday.
"In August, I said that we are confident that we can exceed the five percent long-term organic like-for-like EBITDA growth target in 2007. That is as valid today as it was valid in August," Chief Executive Markus Akermann told Reuters.
The global credit crisis had had no material impact on Holcim’s financing, the head of the world’s largest cement maker also said in an interview, and it expected to continue to be able to spend money on acquiring rivals.
Published under Cement News
