Swiss cement manufacturer Holcim recorded a turnover of CHF 14.24 billion (€11.81 billion US$14.77 billion) in the nine first months of 2014, down 4.7% from a year earlier. On a comparable basis, turnover increased by 3.4%. Cement volume sales increased by 1.6% thanks to increases in Asia, Oceania, North America, Africa and the Middle East. The net profit reached CHF 1.16 billion, down 9%. The operating profit reached CHF 1.7 billion, up 2.8%. Excluding non-recurring factors, the operating profit d
Swiss cement manufacturer Holcim recorded a turnover of CHF 14.24 billion (€11.81 billion US$14.77 billion) in the nine first months of 2014, down 4.7% from a year earlier.
On a comparable basis, turnover increased by 3.4%.
Cement volume sales increased by 1.6% thanks to increases in Asia, Oceania, North America, Africa and the Middle East.
The net profit reached CHF 1.16 billion, down 9%. The operating profit reached CHF 1.7 billion, up 2.8%. Excluding non-recurring factors, the operating profit declined by 4.4%.
Restructuring and merger costs reached CHF 91 million.
In 2014, Holcim expects an increase in cement sales outside Europe.
