LafargeHolcim is the world leader in construction materials: cement, aggregates and concrete
Share capital 30/09/2017
Value of the stake 30/09/2017
Voting rights 30/09/2017
Number of representatives in statutory bodies 30/09/2017
LafargeHolcim, the product of the merger between Lafarge and Holcim, made official in July 2015, is the world leader in construction materials (cement, aggregates and concrete) for private individuals and professionals. The group employs around 90,000 persons in over 80 countries and has a balanced presence in developing and mature markets. This geographical distinction provides an ideal positioning to meet the challenges of increasing urbanisation.
The group is well positioned to meet the challenges of increasing urbanization, with strong positions in most emerging countries. The business model has evolved towards i) sustainable development, ii) an asset-light approach, and iii) a positioning on the value chain geared towards higher value-added solutions.
The stakes of the merger in 2015 have not changed:
- Creation of an uncontested leader in the building materials sector
- Rebalancing of the portfolio towards the most promising regions in terms of growth
- Potential for significant synergies
- Improved operating performance and strength of the balance sheet
Half-year results 2017
- Net sales were up 4.4% like-for-like, and down 6.5% on a eported basis, at CHF 12.5 billion.
- Operating EBITDA Adjusted increased by 11.5% on a like-for-like basis supported by favourable pricing, cost discipline and synergies, but decreased by 1.5% on a reported basis at CHF 2.5 billion.
- The increase in net debt over the semester mainly reflects the dividend payment in May 2017 representing a total payout of CHF 1.2 billion.
Outlook for 2017
LafargeHolcim forecasts demand in its markets to increase by 1 to 3%. The group further expects a double-digit like-forlike growth in Operating EBITDA Adjusted; recurring EPS growth of more than 20%; and a net debt to Operating EBITDA Adjusted ratio of around 2x. The group is committed to maintain an investment grade rating and to return excess cash to shareholders through dividend payments and a share buyback program of up to CHF 1 billion over 2017-2018.
|Board of Directors (2/12*)||Nomination, Compensation & Governance Committee (1/5*)||Strategy & Sustainable Development Committee (1/4*)||Audit Committee (1/4*)|