Holcim increases cement sales

Holcim increased its consolidated sales of cement fuelled by the emerging markets and North America in the first half of 2012. In particular, the Group companies in India, the Philippines, Thailand and Indonesia achieved significantly higher cement sales, as well as the US and Mexico.

With the exception of Russia and Azerbaijan, which also sold more, this positive picture contrasts with the negative market development in Europe, caused by the debt crisis.

Higher sales volumes and prices as well as cost-cutting measures enabled Holcim to increase its operating EBITDA despite restructuring costs in some markets. All Group regions achieved organic growth apart from Europe and Africa Middle East. The Group also achieved better margins in the second quarter.