LafargeHolcim: 4.4% increase in 9m recurrent EBITDA
(CercleFinance.com) - LafargeHolcim has published 9m 2019 recurrent EBITDA (before IFRS16) of 4.
54 billion Swiss francs, up 4.4% as reported and up 9% like-for-like.
The building materials supplier's net sales amounted to 20.2 billion Swiss francs over the period, down 2.1% as reported, but up 4% like-for-like.
On this basis, the Franco-Swiss group confirms that it targets FY recurrent EBITDA (before IFRS16) that is up at least 5% on a like-for-like basis, with net sales that are up 3% to 5% like-for-like.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
54 billion Swiss francs, up 4.4% as reported and up 9% like-for-like.
The building materials supplier's net sales amounted to 20.2 billion Swiss francs over the period, down 2.1% as reported, but up 4% like-for-like.
On this basis, the Franco-Swiss group confirms that it targets FY recurrent EBITDA (before IFRS16) that is up at least 5% on a like-for-like basis, with net sales that are up 3% to 5% like-for-like.
Copyright (c) 2019 CercleFinance.com. All rights reserved.