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LafargeHolcim Q4 Recurring EBIT Rises, Sales Down; Declares Dividend; Sees Strong Demand Ahead

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Cement giant LafargeHolcim (HCMLY.PK,HCMLF.PK) reported Friday that its fourth-quarter recurring EBIT was 1.04 billion Swiss francs, up 1.9 percent from last year's 1.02 billion francs.

Recurring EBIT margin improved to 17.3 percent from 15.6 percent a year ago.

Net sales declined 8.1 percent to 6 billion francs from 6.52 billion francs a year earlier. On a like-for-like basis, net sales grew 1.5 percent.

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