Holcim’s annual results for 2013 show that net income increased sharply by 59 percent to CHF 1.6 billion (€1.3 billion); operating profit was up by a third to CHF 2.36 billion and while net sales were down 6.8 percent this represented a slight increase on like-for-like basis.
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Holcim Reports Mixed Results
Holcim reported that global economic trends remain subdued despite significant growth in several emerging markets and improved economic data from the U.S. Demand for construction materials fell in key markets such as India, Mexico, Canada, and to a lesser extent, Brazil, while Europe stabilized.
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