Market Overview

Holcim H1 Net Profit Up 9%


Holcim Ltd (OTC: HCMLY) reported a 9% rise in its first-half net profit.

Holcim's consolidated net sales gained 2.1% to 10.4 billion Swiss francs, while operating EBITDA gained 1.9% to CHF1.9 billion.

Holcim's net income climbed 6.6% to CHF624 million, while cash flow from operating activities jumped 194.2% to CHF211 million.

Its consolidated cement sales surged 4.4% to 74 million tonnes.

Holcim shares fell 1.94% to close at $12.16 yesterday.


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Posted-In: profitEarnings News