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LafargeHolcim reports 3,6% jump in 2Q2017 net sales

26 July 17 - RE+D Magazine
LafargeHolcim reports 3,6% jump in 2Q2017 net sales

COMPANIES

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
LafargeHolcim released its 2017 second quarter results reporting 3.6% increased net sales like-for-like in the quarter. Operating EBITDA Adjusted increased 10.1% like-for-like driven by pricing, cost discipline and synergies.

 

Recurring Net Income increased to CHF 700 million; Recurring Earnings Per Share up 23.4% to CHF 1.16. In 2017, Lafarge aims at sustainable, profitable growth through continued strong focus on synergies, structural cost savings, commercial differentiation of our products and building solutions and Capex discipline.

This will be particularly supported by the contribution of several markets such as the US, India, Nigeria and some countries in Europe.

Based on the first half market development, the firm forecasts demand in its markets to increase by between 1% to 3%.

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