LafargeHolcim Sales Miss Forecasts
25 November 2015 - 6:30PM
Dow Jones News
ZURICH—LafargeHolcim Ltd. on Wednesday reported
weaker-than-expected third-quarter sales in its first results since
the cement and building materials giant was created earlier this
year.
The Jona, Switzerland-based company said sales fell to 7.83
billion Swiss francs ($7.71 billion) in the three months to Sept.
30 from 8.57 billion francs a year earlier, missing analyst
forecasts of 7.95 billion francs.
The company said its operating profit before interest,
depreciation and amortization fell to 1.64 billion francs from 1.95
billion francs a year earlier. This figure was slightly below
analyst expectations of 1.7 billion francs.
Write to John Revill at john.revill@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 25, 2015 02:15 ET (07:15 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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