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LafargeHolcim adjusts medium-term targets

18 November 2016, Published under Cement News

LafargeHolcim has adjusted its medium-term group targets, according to the group’s 2016 Capital Markets Day statement. In the last 12 months, the company reached net sales of CHF27.8bn and sold 244Mt of cement, 289Mt of aggregates and 56Mm3 of ready-mix concrete. LafargeHolcim has identified and initiated CHF200m of additional cost savings, which enables it to upgrade its 2018 adjusted operating EBITDA target to CHF7bn. his translates into a 2018 run rate operating free cash flow range...