|
Annual results 2009
Wednesday 03 March 2010
|
- Tight cost and capacity management bear fruit in a difficult market environment.
- Like for like, the CHF 857 million reduction in fixed costs exceeds the goal of CHF 600 million.
- Strategic capacity expansion program continued.
- Higher operating EBITDA margin despite lower volumes in all segments in the second half.
- Compared with the previous year, significantly better financial results in the fourth quarter.
- Net income slightly below CHF 2 billion.
- Cash flow from operating activities increases to CHF 3.9 billion.
- Strong liquidity, lower net debt, balance sheet further strengthened.
- Proposal for an unchanged dividend payout ratio; cash dividend of CHF 1.50 per registered share.
- Non-binding advisory vote on the compensation report.
| |
Holcim soutient les activités du CICR sur le terrain
Thursday 28 January 2010
| | Le président du Comité international de la Croix-Rouge (CICR), Jakob Kellenberger, et le CEO de Holcim, Markus Akermann, ont signé aujourd’hui un accord à long terme à l’occasion des réunions du Forum économique mondial à Davos, Suisse. En tant que nouveau membre du Groupe d’entreprises partenaires du CICR (Corporate Support Group), Holcim financera des projets humanitaires dans le cadre de son engagement envers le développement durable. | |
Changes at Area Management level at Holcim Ltd
Wednesday 16 December 2009
| | Bill Bolsover will retire from his position as Area Manager and member of the senior management of Holcim Ltd at the end of March 2010. In 2006, he was appointed CEO of Aggregate Industries Ltd with activities in the UK and the US. At Holcim Group level, he was also in charge of the corporate function Aggregates & Construction Materials Services. The Executive Committee would like to thank Bill Bolsover for his valuable contribution to the Group. In 2010, Bill Bolsover will be elected Chairman of the Board of Directors of Aggregate Industries UK and will remain member of the Board of Directors of Aggregate Industries US.
| |
Media Release Third Quarter 2009
Wednesday 11 November 2009
|
- Holcim reacted quickly and decisively to the macroeconomic environment:
- In markets with weak demand, capacity in all segments was shut down; approximately 10 million tonnes in the cement segment
- Fixed costs were reduced by CHF 573 million from January to September
- Net income like-for-like increased by 13.7 percent in the third quarter despite lower sales volumes
- Operating EBITDA margin increased to 25.8 percent in the third quarter
- Cash flow from operating activities significantly increased and free cash flow doubled
- The strategic expansion program with a focus on emerging markets continues as planned
- Acquisition in Australia strengthens Holcim in an attractive market
- The Group will start the new financial year from a strong position and grow again
| |
Acquisition of Cemex Australia successfully completed
Thursday 01 October 2009
| | After completion of the due diligence and the approval of the Australian authorities, Holcim has successfully completed the acquisition of Cemex Australia as per October 1, 2009. The new Group company, which now trades under the name Holcim (Australia) Pty Ltd, is being fully consolidated as of that date. It continues to operate under the leadership of its proven management team. | |
Changes within the Executive Committee and Senior Management of Holcim Ltd
Tuesday 29 September 2009
| | Ian Thackwray, currently CEO of Holcim Philippines, has been appointed a Member of the Executive Committee by the Board of Directors of Holcim Ltd. He will join the Execu-tive Committee at the beginning of 2010 and commence to make himself familiar with the regional responsibility of Executive Committee Member Tom Clough. With effect from July 1, 2010, he will succeed Tom Clough, who will be retiring. The area of responsibility spans the companies in East Asia, including China, the Philippines and Oceania and South and East Africa. | |
Holcim Lebanon Releases Sustainable Development Report 2009
Mercredi 26 août 2009
|
Holcim Lebanon has published its second sustainability report. It highlights the key achievements from 2006 to 2008, assesses performance against internal targets and identifies the challenges as opportunities for improvement.
The report is a holistic view of the company’s management of environmental, social and economic impacts. The commitment to sustainability has resulted in a steady decrease in atmospheric emissions and resource utilization. Net CO2 emissions per ton of cement are reduced by 3% and dust at stack by 39%. Water consumption decreased by 25%. Good relations with the host communities are translated in transparent dialogue and joint cooperation in projects.
The report focuses on top priorities, some of which are economic impact, resource management, atmospheric emissions, occupational health and safety (OH&S), corporate social responsibility (CSR) and employment practices.
Holcim Lebanon aims to be the leader in sustainability reporting locally and be recognized as a responsible and transparent corporation, while shedding light on the importance of sustainability as an element for good corporate governance.
The sustainability report follows the Global Reporting Initiative (GRI) guidelines, the robust and internationally recognized standards.
Established in 1929, Holcim Lebanon is one of the leading cement companies in Lebanon. It operates a grey cement plant, a white cement plant through its subsidiary in Chekka, Société Libanaise des Ciments Blancs (SLCB) and four concrete plants in Nahr El Mott, Kfarchima, Chekka and Tyre along with a grinding station located in Northern Cyprus.
| |
Media Release Half-Year 2009
Thursday 20 August 2009
|
- Due to its strong presence in growth markets, Holcim performed well in a difficult economic environment and significantly increased its cash flow
- Robust organic growth in Asia Pacific, Latin America and Africa Middle East in the second quarter
- At 24.8 percent in the second quarter, operating EBITDA margin exceeds previous year’s 23.8 percent
- Strong balance sheet and sound liquidity
- Based on the successful cost management, the target for fixed costs reduction in 2009 has been increased from CHF 375 million to CHF 600 million
- Asia will continue to grow and Latin America and Africa Middle East are also likely to follow favorable trends; in Europe and North America, the stimulus programs will have a positive impact on demand building up gradually over the next year
| |
Media Release on 1st quarter results 2009
Wednesday 06 May 2009
|
- Economic crisis deepened and spread to more countries
- Group regions Latin America and Asia Pacific posted organic growth; remarkable progress especially in India
- The severe and prolonged winter adversely affected Group results in Europe and North America
- Group-wide cost-cutting program and plant closures in all segments had a positive impact on Group results
- Strong balance sheet of the Group and solid liquidity; since the beginning of the year, CHF 2.5 billion have been refinanced
- Holcim continues to cut costs and rapidly adjusts capacities to prevailing market conditions
| |
Media Release Business Year 2008
Wednesday 04 March 2009
|
- In the fourth quarter of 2008, the contracting construction industry worsened rapidly in a number of markets
- Higher costs for energy and other inputs as well as unfavorable currency effects impacted the income statement negatively
- Swift capacity adjustments based on demand development; two additional plants mothballed in the US
- Decisive cutback of fixed costs at Group and Group company level
- Balance sheet remains strong with a high level of liquidity
- Payout ratio remains unchanged; dividend will be distributed in shares which are entitled to a dividend for the full year 2009
- Stimulus programs will support the construction industry and the sector will particularly benefit from an economic upswing
 Key figures Holcim Group | |
|
|
e-mail
