Ulrich Spiesshofer takes over as ABB’s new CEO
Ulrich Spiesshofer has succeeded Joe Hogan as chief executive officer of ABB, a leading power and automation technology group, following the three-month orderly transition peri...
Switzerland
301 posts · Page 29 of 31
Cost cuts help Holcim 2Q net profit edge ahead
Holcim has reported a slight increase in 2Q net profit as cost cuts helped boost profitability but weaker demand in India, Canada and Mexico fell short of expectations. ...
Harris Associates builds up stake in Holcim, Switzerland
Holcim said Chicago-based asset manager Harris Associates LB acquired shares in the Swiss cement major and now owns a stake worth CHF654m (EUR530m) Harris notified that it own...
Swiss cement deliveries advance 2.3% in 1H13
In the second quarter of 2013, the domestic deliveries of the Swiss cement industry increased 1.8 per cent when compared with 2Q12, according to the latest data from CemSuisse,...
Siggenthal cement works shifts to lignite, Switzerland
Holcim’s Siggenthal cement works in Switzerland is changing over its fuel supply from anthracite to lignite. It is expected to require around 1500t per week to fuel its kiln. ...
Cost cuts, improved pricing boost Holcim 1Q
Higher prices, cost savings from its efficiency programme as well as the sale of a stake in Cement Australia helped Holcim compensate for harsh first-quarter winter weather whi...
Swiss cement deliveries in the first quarter of 2013
Swiss deliveries increased slightly in the first quarter of 2013 despite harsher weather conditions, latest data from domestic cement association Cemsuisse shows. In the Jan...
HSBC downgrades Holcim
HSBC downgrades Holcim to neutral from overweight and raises target to CHF77 from CHF75 on expectations of a recovery in cement company earnings. "Our forecast is reinforced by...
Swiss cement deliveries see 2012 setback
Domestic cement sales in Switzerland saw a 6.2 per cent decline in 2012, latest data from the domestic cement association, Cemsuisse shows. For full year 2012, domestic sale...
Holcim: realising growth potential whilst cutting costs
Holcim highlighted its cost cutting programme and the growth potential in its emerging markets at its latest investor and analyst event, which took place on 3-4 September in Zu...