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Holcim half-year results

Holcim consolidated net sales advanced 34 percent to CHF 13, 425 million. Despite higher energy and transport costs and tougher price pressure in some markets, four out of five group regions contributed significantly to the substantial 25.4 percent rise in operating EBITDA to CHF 3, 501 million. Particularly impressive was the improvement achieved by North America (+62.4 percent), followed by Africa Middle East (+34.3 percent), Europe (+28.1 percent) and Asia Pacific (+12.9 percent). In Latin America, operating EBITDA remained stable. Factoring out Aggregate Industries, Ambuja Cement Eastern and Cemento de El Salvador which were consolidated for the first time this year, internal operating EBITDA growth was pleasing at 9.7 percent as well. Consolidated operating profit rose 44.2 percent to CHF 2, 576 million.



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