Holcim Posts Downbeat Q3 Profit
Holcim Ltd (OTC: HCMLF) reported weaker-than-expected Q3 profit.
Holcim's quarterly net profit surged to CHF394 million, from CHF356 million, in the year-ago period.
Its revenue rose to CHF5.84 billion, from CHF5.32 billion. However, analysts were expecting a net profit of CHF434 million on revenue of CHF 5.32 billion.
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