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Holcim Reports 13% Decline In Net Profit

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Holcim Ltd (OTC: HCMLY) reported a decline in its net profit for the three months to end June.

Holcim's quarterly net profit declined 13% to 347 million Swiss francs ($436 million), from CHF399 million, in the year-ago period. Its revenue fell 11% to CHF5.49 billion from CHF6.16 billion.

Holcim shares fell 2.99% to close at $11.70 yesterday.

 

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