LafargeHolcim logra buen resultado en segundo trimestre
26 July 2017
The largest multinational cement company obtained a higher than expected result, overcoming doubts generated by accusations related to its performance in Syria.
The world's largest cement manufacturer, LafargeHolcim, has released its second quarter results, which show an operating profit of US $ 1,820 million, which is 0.1% more than in the same period last year.
The result is also somewhat better than predicted by a Reuters economic survey.
The company's Ebitda result has improved in Q2, reaching 25.3%, from 23.8% in the same period in 2016.
There were forecasts of worse results as a result of the accusations that weigh on the company regarding its actions in Syria.
He is accused of having paid for the protection of armed groups in the country during the first years of the civil war, so that his cement plant could continue to operate. They finally had to evacuate her in 2014.
LafargeHolcim has said that it will advance Jens Jenisch’s appointment as new CEO to the September 1 date. The current CEO, Eric Olsen, will leave the position as a way of putting a clear limit on the questions, although the internal investigations of the multinational revealed that Olsen “was not responsible, nor was he aware, of any infractions”.
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