LafargeHolcim Confirms 2018 Targets, Beats 2015 Adj. Ebitda Est.
Source: BFW (Bloomberg First Word)
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LHN VX (LafargeHolcim Ltd)
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UUID: 7947283
(Bloomberg) -- LafargeHolcim says 2015 revenue fell 6.2% to CHF29.48b vs est. CHF29.5b.
Alert: HALISTER- Proposes div. of CHF1.50/shr; BDVD est. EU1.50/shr
- 2015 adj. operating Ebitda fell 10.7% to CHF5.75b vs est. CHF5.73b
- 4Q FCF CHF813m after adjusting for one-off items of CHF166m
- 4Q debt reduction CHF1b
- Says merger on track, integration largely completed; 2015 targets on capex, synergies and net debt were exceeded
- Says more than one third of divestments secured, remainder of the program is on track
- Says 2018 targets confirmed with 2016 to show solid progress toward objectives based on combined effect of synergies, additional cost reductions, strengthening pricing environment
- Preview here
- Statement
- March 16: LafargeHolcim Beset by Departures, Sagging Stock Hurts Investors
Source: BFW (Bloomberg First Word)
Tickers
LHN VX (LafargeHolcim Ltd)
To de-activate this alert, click here
UUID: 7947283