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Europe & CIS - 17 February 2012

Lafarge announces full year 2011 results

Lafarge has announced that it is to continue slashing its debt in 2012, with plans to sell assets worth over €1 billion, following a decline in full year operating income.

 

UK MPA results indicate some growth in 2011 but weak underlying construction markets

MPA survey results for the fourth quarter of 2011 indicate that while overall industry markets were broadly positive during 2011, with strong growth in the fourth quarter compared with the same period of 2010, the figures mask weak markets outside London and the South East of England and a favourable weather effect in December.