Press and media
Latest releases
Holcim launches placement of 5 million treasury shares
Holcim Ltd has launched the placement of 5 million treasury shares corresponding to approximately 1.5% of outstanding share capital close to market price. Final price fixing will take place in the course of the day.
The closing of the transaction to further strengthen the Group’s balance sheet is...
Wolfgang Reitzle proposed to the Annual General Meeting for election as member of the Board of Directors of Holcim Ltd
The Board of Directors proposes to the Annual General Meeting of April 17, 2012 that Prof. Dr. Ing. Wolfgang Reitzle be elected to the Board. Wolfgang Reitzle, 63, German citizen, studied engineering and economics at the Technical University of Munich and holds a degree and a PhD in mechanical...
100 years of Holcim - Holcim through the lens of Marco Grob & Hiepler, Brunier
Portrait photographer Marco Grob and industrial photographers David Hiepler and Fritz Brunier have captured employees and production sites around the world on camera as part of Holcim’s centenary celebration. The result of these efforts is the photobook entitled “Industrious”. The Museum of Fine Arts Bern, in collaboration with Holcim, is presenting a curated selection of large-format pictures from this project.
Media Release: Annual Results 2011
Holcim sold more cement, aggregates and ready-mix concrete, despite some adverse market conditions. On a like-for-like basis, the Group increased net sales, and operating EBITDA reached the previous year’s level. Cash-neutral impairments reduced Group net income. Clearly improved fourth quarter. Organic growth expected at operating EBITDA level in 2012.
In the fourth quarter of 2011, Holcim charges extraordinary cash-neutral impairments of CHF 775 million against net income after tax.
- Financial restructuring agreement relating to AfriSam (South Africa) leads to an impairment charge.
- Weak demand for construction materials and insufficient production capacity utilization rates in Spain, parts of Eastern Europe, and the US prompt impairment charges.
- Payout potential for the 2011 financial year remains unchanged.
