The Local Switzerland

LafargeHolcim profits shrink after merger

Wed, 25 Nov 2015 12:06:31 +0100

Swiss-based LafargeHolcim said on Wednesday that its profits collapsed as the cost of building the world's biggest cement company took its toll.

LafargeHolcim to sell two Indian cement plants

Mon, 17 Aug 2015 14:27:40 +0200

Swiss-based cement giant LafargeHolcim said Monday that it was selling some of its operations in India to Birla Corporation Limited for 750 million francs (€692 million, $767 million).

Cement CEO roasted for bonus linked to job cuts

Wed, 20 May 2015 19:03:50 +0200

Lafarge chief executive Bruno Lafont has been awarded a €2.5 million ($2.8 million) bonus for the successful merger with Swiss rival Holcim as the cement company announced job cuts.

Holcim and Lafarge boards seal merger deal

Thu, 09 Apr 2015 11:38:07 +0200

The boards of France's Lafarge and Switzerland's Holcim have approved Eric Olsen for the role of chief executive officer once the firms merge, creating the world's biggest cement company, they announced on Thursday.

Holcim and Lafarge cement new merger deal

Fri, 20 Mar 2015 16:10:45 +0100

Swiss-based Holcim and French-based Lafarge say they have repaired cracks that threatened to collapse their merger to create the world's biggest cement company.

Holcim seeks changes in cement mega-merger

Mon, 16 Mar 2015 12:38:26 +0100

Cracks appeared on Monday in a deal to create the world's biggest cement company, with Swiss group Holcim seeking a modification of the merger with French giant Lafarge.

EU regulators approve Holcim-Lafarge merger

Mon, 15 Dec 2014 22:38:00 +0100

EU anti-trust regulators on Monday cleared the merger of French giant Lafarge with Swiss rival Holcim to form the world's biggest cement group after both sold parts of their business to meet competition concerns.

Holcim posts plunging profits for first quarter

Mon, 28 Apr 2014 19:23:00 +0200

Swiss cement group Holcim, which is poised to merge with French rival Lafarge to create a global concrete behemoth, says that its profits plunged by 58 percent in the first quarter from the same period a year earlier.

Inside trading 'suspected' in Holcim-Lafarge merger

Mon, 28 Apr 2014 11:45:00 +0200

The federal prosecutor’s office is looking into launching a probe into insider trading linked to the announced merger of cement companies Swiss-based Holcim and French company Lafarge.

Holcim and Lafarge confirm merger deal

Mon, 07 Apr 2014 11:01:00 +0200

Switzerland's Holcim and French rival Lafarge confirmed on Monday that they have agreed to merge, creating the world's biggest cement company.

Holcim, Lafarge boards clear cement firm merger

Sun, 06 Apr 2014 10:31:00 +0200

The boards of Switzerland's Holcim and French rival Lafarge have agreed to the merger of their companies to create the world's largest cement maker, Le Figaro newspaper reported on Sunday.

Holcim in talks to create world's top cement firm

Sat, 05 Apr 2014 13:17:00 +0200

Switzerland's Holcim and French rival Lafarge confirmed Friday that there are holding talks to merge and create the world's largest cement company.

Holcim's earnings leap despite lower sales

Thu, 15 Aug 2013 13:08:00 +0200

Swiss cement group Holcim recorded a jump in earnings for the first half of 2013 of almost 50 percent compared to the same period a year earlier but also reported that sales fell.

Emerging markets bolster Holcim results

Wed, 07 Nov 2012 12:13:00 +0100

Swiss cement group Holcim is reporting a 10.3-percent rise in net profits to 1.1 billion francs ($1.2 billion) for the first nine months of the year, attributing this to growth in emerging markets.

Cement giant Holcim sees profits drop on strong franc

Thu, 18 Aug 2011 12:19:00 +0200

Swiss cement giant Holcim said on Thursday its 2011 first half net profit fell by 4.2 percent to 586 million francs ($735.3 million), due to the franc's strength.