LafargeHolcim - May 2017

LafargeHolcim's first-quarter turnover amounted to CHF5630m (EUR5209m). The Asia-Pacific region generated 31 per cent of group turnover, while Europe represented 25.8 per cent and North America 15.8 per cent. Latin America contributed 12.1 per cent and Africa/Middle East 15.3 per cent. Margins improved from 12.8 to 14.2 per cent and underlying operating EBITDA came off by 4.7 per cent to CHF801m (EUR741m). Net debt at the end of March was 17.1 per cent lower at CHF15,014m (EUR13,892m), giving a gearing level of 48.6 per cent. Capital investment in period was 9.9 per cent lower at CHF318m (EUR294m).

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