Holcim Boosts Third Quarter Profitability
Holcim has posted the best operating result in its history for the third half of the year. Organic growth was also achieved, enabling the construction materials giant to raise its EBIT targets. Sales between July and September totaled CHF 7.34 billion, down 8.8% compared to the same period a year earlier. In organic terms, however - i.e., adjusted for exchange rate and acquisition effects - growth was positive (+4.3%), Holcim stated in a press release on Friday.