LafargeHolcim: confirms targets for 2018
(CercleFinance.com) - Ahead of its CMD today, Wednesday, LafargeHolcim has confirmed its 2018 sales growth target of 4% to 6% on a comparable basis,with underlying Ebitda up 3% to 5% on a comparable basis.
Believing that overall market demand will continue in 2019, the Franco-Swiss building materials group expects sales growth of 3% to 5% on a comparable basis, in line with the target of its 2022 strategy.
For next year it also expects at least 5% growth in underlying Ebitda on a comparable basis, as well as an acceleration in debt reduction, with a net debt of twice underlying Ebitda, or less, by the end of 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Believing that overall market demand will continue in 2019, the Franco-Swiss building materials group expects sales growth of 3% to 5% on a comparable basis, in line with the target of its 2022 strategy.
For next year it also expects at least 5% growth in underlying Ebitda on a comparable basis, as well as an acceleration in debt reduction, with a net debt of twice underlying Ebitda, or less, by the end of 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.