Europe & CIS - 29 July 2015

LafargeHolcim is already working on synergy acceleration activities, expecting CHF100 million synergies by year-end.

Cement volumes were down 3% in 2Q15, while 1H15 EBITDA was up 6% thanks to favourable exchange rates.

Holcim’s 1H15 results were affected by lower than expected demand in a mixed global economic environment.

In the group’s report on its 2Q15 results, HeidelbergCement announces increases in revenue and operating income and a decrease in net debt.

More details on the acquisition of Italian cement company Italcementi by HeidelbergCement, which will make HeidelbergCement the world’s second biggest cement producer.

German cement company HeidelbergCement has announced that it will acquire a 45% shareholding in Italian cement producer, Italcementi.