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Lafarge operating profits fall 35%

Lafarge, the world's leading cement maker, said that its first-quarter operating income fell 35% to €335 m. Sales down 9% from €4,000 m to €3,629 m, hit by sharply lower demand for construction materials in the United States and Europe and a slowdown in several key emerging markets. The operating margin fell to 9.2 % from 12.8 % in the year-earlier quarter.





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