LafargeHolcim increased its operating earnings in Q3 2016 – despite sales of CHF 7 billion being 3.1% down on a like-for-like basis compared to the same quarter of 2015.
The building materials giant posted a 10.5% rise in adjusted operating EBITDA, said to be driven by pricing strategy, synergies and disciplined cost management. The company’s income in Q3 2016 was CHF 1.1 billion, with its operating free cash flow up CHF 826 million compared to 2015.
Eric Olsen, CEO of LafargeHolcim, said: “With the