Skip to main content

LafargeHolcim announces strong 1H19

Published by , Editorial Assistant
World Cement,

LafargeHolcim has announced net sales growth of 3.5% like-for-like and an over-proportional increase in recurring EBITDA of 10.8% like-for-like. Net income was up 110% and there was strong progress in free cash flow, which was up CHF735 million. There was significant deleveraging with net debt reduction of 30%. The company has confirmed its targets for 2019, with solid global market demand expected to continue.

“We have achieved a strong first half of the year and continued our profitable growth strategy,” said Jan Jenisch, CEO of LafargeHolcim. “All business segments have contributed to this success and to the continued over-proportional growth in profitability. Our financial discipline resulted in strong progress in cash flow and a significant reduction in debt. We are executing our Strategy 2022 – ‘Building for Growth’ at full speed and we are confident that we will achieve our targets of 2019.”

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Final tickets on sale NOW »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

LafargeHolcim news European cement news Cement news 2018