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Third quarter results 2010 and outlook holcim
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© 2010 Holcim Ltd/Switzerland
Third quarter results 2010 and outlook
Hermosillo plant, Mexico
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© 2010 Holcim Ltd/Switzerland Third quarter 2010
Holcim at a glance
y Demand for construction materials suffered a setback in the
third quarter in several mature markets; in the emerging
markets demand increased
y Seasonal influences temporarily impacted construction industry
y Overall stable volume development
y Increasing price pressure in cement
y Trend toward higher variable production and distribution costs
y Factors that could be influenced by Holcim led to a further
substantial fixed cost reduction
y Strategic capacity expansion program continued
y Operating EBITDA similar to the previous year
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© 2010 Holcim Ltd/Switzerland Third quarter 2010
Subdued demand for building materials in Europe
y Contrasting economic development in Western and Eastern
Europe
y Slight decline in sales volumes in all segments
y Recently, price pressure in several markets slightly
diminished
y Cost-cutting measures in all areas and the sale of
CO2 emission certificates supported operating results
y Lower operating result