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Media release on 1st half results 2010
August 19, 2010
| Holcim with higher sales volumes in all segments and better operating results
- Higher sales volumes, net sales and operating EBITDA
- Not only did many emerging markets continue to growbut also better results in North America
- Difficult business conditions in many European markets
- Stringent cost controls support Group result
- Further strengthening of efficiency and competitiveness
- Appointments to the Executive Committee of Holcim Ltd
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Holcim presents latest Corporate Sustainable Development Report and announces ambitious CO2 reduction target for 2015
June 07, 2010
| | At a press conference held today, Holcim presents its Corporate Sustainable Development Report 2009. CEO Markus Akermann is pleased to confirm "that Holcim has met its targets on schedule and in the case of the reduction in CO2 emissions even earlier than planned". All Group companies have played a significant role in this gratifying development. As part of its contribution to the current UN Year of Biodiversity, Holcim is making a major effort to promote biodiversity in the vicinity of its raw material quarries. The close cooperation with the International Union for Conservation of Nature (IUCN) is pointing the way forward for the entire sector. Holcim's commitment to environmental and social responsibility has also been recognized by the Dow Jones Sustainability Index. In 2009, Holcim was named one of the most sustainability-conscious companies in the building materials industry for the seventh time in succession. | |
Holcim invests in Indonesian growth market – Construction of a new cement plant on Java
May 07, 2010
| | In view of the continuous economic growth in Indonesia, the Board of Directors and the Executive Committee of Holcim Ltd have decided to build a new cement plant with an annual capacity of 1.6 million tonnes in the eastern part of the main island of Java, near the city of Tuban. The investment costs will amount to around USD 450 million. | |
Annual General Meeting Holcim Ltd
May 06, 2010
| | The 1,253 shareholders attending voted in favor of all motions
by a large majority. The proposed payment of a cash dividend of CHF 1.50 per registered share and the advisory vote on the remuneration report were among the main motions approved. | |
Media release on 1st quarter results 2010
May 04, 2010
| Holcim continues to grow – higher net sales and better operating results
- The Group sold more cement, aggregates and ready-mix concrete, achieved higher net sales and better operating margins
- March saw significant progress in terms of volumes and operating results
- Emerging markets, particularly in Asia, remained on track for growth; however, heavy snowfall and a weak economy curbed construction activity in Europe and North America
- The consolidated result was supported by a strong presence in the emerging markets, the expansion in Australia and rigorous cost-cutting
- The non-recurring cash-neutral tax charge in connection with the restructuring of the Group's interests in North America reduced net income
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Annual results 2009 Holcim Ltd
March 03, 2010
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- 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.
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StatementHolcim representative resigns as Vice President of Cembureau
January 29, 2010
| | Benoît-Henri Koch, Member of the Holcim Executive Committee, has tendered his resignation as Vice President of Cembureau and President of its Steering Committee. Cembureau is the representative organization of the cement industry in Europe. | |
Holcim supports ICRC field activities
January 28, 2010
| | The president of the International Committee of the Red Cross (ICRC), Jakob Kellenberger, and the CEO of Holcim Ltd, Markus Akermann, today signed a long-term agreement during the World Economic Forum meetings in Davos, Switzerland. As a new member of the ICRC Corporate Support Group, Holcim will fund humanitarian projects as part of its commitment to sustainable development. | |
Changes at Area Management level at Holcim Ltd
December 16, 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.
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Media Release Third Quarter 2009
November 11, 2009
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- 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
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