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Home News Lafarge is second best 2012 performer in CAC 40

Lafarge is second best 2012 performer in CAC 40

by Staff Writer
January 2, 2013
in News
Reading Time: 1 min read
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Lafarge secured the second best performance in the French benchmark CAC 40 stock market index in 2012, behind Gemalto. The building materials group's share stood at €47.82 on 28 December, 2012 – up 76% since January 1, 2012. Turnover rose 5% in the first nine months of the year, with a stronger contribution from emergent markets, now worth 60% of turnover. The group also managed a 14% reduction in its debt through divesting assets and reducing its costs.

Lafarge secured the second best performance in the French benchmark CAC 40 stock market index in 2012, behind Gemalto. The building materials group’s share stood at €47.82 on 28 December, 2012 – up 76% since January 1, 2012. Turnover rose 5% in the first nine months of the year, with a stronger contribution from emergent markets, now worth 60% of turnover. The group also managed a 14% reduction in its debt through divesting assets and reducing its costs.

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