Holcim cost-cutting programme targets CHF1.5bn rise in operating profit
Holcim said on Monday it was launching a targeted cost-cutting programme aimed at increasing operating profit by at least CHF1.5bn (EUR1.2bn) by the end of 2014.
CEO Bernard Fontana: “After intensive discussions at the senior management level and based on close collaboration with the Group companies, I am confident that we will achieve these targets. At least CHF150m positive impact will be achieved in 2012.”
Under the name, the "Holcim Leadership Journey 2012-2014" the programme focuses on the following areas as outlined by the group in a statement released today: