The Semantg Group LafargeHolcim confirms the goals for the current year as well as prognoza's for the coming year 2019.
The expectations were within the area of "2022" strategy, according to a press release on the occasion of Capital Markets Day in Birmingham.
In addition, the company wants to try the debt reduction. The target value to end December 2019 is a factor of 2 or less in & # 39; the ratio of non-financial liabilities to recurring EBITDA.
Specifically provides guidance for the current year 2018, thereby reducing net sales of 4 to 6 percent on a comparable basis and in revised EBITDA an increase of 3 to 5 percent on a comparable basis. For 2019, the goals for sales plus 3 to 5 percent and EBITDA at least 5 percent.
"Our results this year make it clear that we are powerfully implementing Strategy 2022 – Building for Growth, CEO Jan Jenisch has been seen in explanation LafargeHolcim has simplified organizational structures and is for the start of the special program of the company.
"With the sale of our business in Indonesia, we have an important share in dealing with our portfolio and can continue our debt reduction," continued Jenisch. Important progress has been made in total aggregates and concrete specific sectors.
At 10.45, the shares fall from 0.55 percent to 45.36 francs, after they start trading.
The Analytics analyzes the statement as sufficient. Bank Vontobel realized that the board had already informed about the goals for 2019. This shows the trust of the board for the implementation of "Strategy 2022", says analyst Bernd Pomrehn. In addition, he remains on shareholder values as attractive and therefore supports his recommendation.
The ZKB also aims positively. The director Jenienne wants the company to put more emphasis on growth and agility to the merger, so Martin Hüsler. Due to the longest need of infrastructure in emerging markets and the economic paths in Europe and North America, the target group should be possible.
JPMorgan sees the third quarter as a kind of floating point after a weak performance since the beginning of the year. Inspections can come up well and there are some drivers between the current Captain Market Day, possible permits and upcoming results with a reasonably straightforward basis for comparison.
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Zurich / Birmingham (awp)