EQS-Adhoc : Profitable growth continues, record -3-

Recurring EBITDA      The Recurring EBITDA after leases is defined as Recurring EBITDA less the depreciation of 
after leases          right-of-use assets. 
Recurring EBIT        The Recurring EBIT is defined as Operating profit/loss (EBIT) adjusted for restructuring, 
                      litigation and other non-recurring costs and for impairment of operating assets. 
Recurring EBIT Margin Recurring EBIT divided by net sales. 
Restructuring,        Significant items that, because of their exceptional nature, cannot be viewed as inherent to the 
litigation and other  Group's ongoing performance, such as strategic restructuring, major items relating to antitrust 
non-recurring costs   fines and other business-related litigation cases. 
                      Comprises capital gains or losses on the sale of Group companies and of material property, plant 
Profit/loss on        and equipment and other non-operating items that are not directly related to the Group's normal 
disposals and other   operating activities such as revaluation gains or losses on previously held equity interests, 
non-operating items   impairment losses recognized by applying the Fair value less cost of disposal methodology and 
                      cost related to other non business-related litigation cases. 
                      It is defined as: 
Operating profit/ 
loss  (EBIT) before   +/- Operating profit/loss 
impairment 
                      - Impairment of goodwill and long-term assets. 
                      It is defined as: 
Net income before     +/- Net income/loss 
impairment and 
divestments            - Gains and losses on disposals of Group companies and 
                       - Impairment of goodwill and long-term assets. 
EPS (Earnings Per     It is defined as: 
Share) before 
impairment and        Net income/loss before impairment and divestments attributable to the shareholders of Holcim Ltd 
divestments           divided by the weighted average number of shares outstanding. 
                      It is defined as: 
                      + Expenditure to increase existing or create additional capacity to produce, distribute or 
                      provide services for existing products (expansion) or to diversify into new products or markets 
'Capex' or 'Capex     (diversification) 
Net' (Net Maintenance 
and Expansion Capex)  + Expenditure to sustain the functional capacity of a particular component, assembly, equipment, 
                      production line or the whole plant, which may or may not generate a change of the resulting cash 
                      flow 
                      - Proceeds from sale of property, plant and equipment. 
                      It is defined as: 
Free Cash Flow after  +/- Cash flow from operating activities 
leases 
                      - Net Maintenance and expansion Capex and 
                      - Repayment of long-term lease liabilities. 
Cash conversion       Cash conversion is defined as: Free Cash Flow after leases divided by Recurring EBITDA after 
                      leases. 
                      It is defined as: 
Net financial debt    + Financial liabilities (short-term and long-term) including derivative liabilities 
('Net debt') 
                      - Cash and cash equivalents 
                      - Derivative assets (short-term and long-term). 
Debt leverage         The Net financial debt to Recurring EBITDA ratio is used as an indicator of financial risk and 
                      shows how many years it would take the Group to pay back its debt. 
                      It is defined as: 
                      + Total shareholders' equity 
                      + Net financial debt 
Invested Capital      - Assets classified as held for sale 
                      + Liabilities classified as held for sale 
                      - Current financial receivables and 
                      - Long-term financial investments and other long-term assets 
                      It is defined as: 
Net Operating Profit/ 
loss After Tax        +/- Net Operating Profit/loss (being the Recurring EBIT and share of profits of associates) 
('NOPAT')* 
                      - Standard Taxes (being the taxes applying the Group's tax rate to the Net Operating Profit/loss 
                      as defined above) 
                      It is defined as: 
ROIC (Return On 
Invested Capital)     Net Operating Profit/loss After Tax (NOPAT) divided by the average Invested Capital. The average 
                      is calculated by adding the Invested Capital at the beginning of the period to that at the end of 
                      the period and dividing the sum by 2 (based on a rolling 12-month calculation) 
Ton                   Ton refers to a Metric ton, or 1,000 kg. 

Analyst presentation The analyst presentation of the results and our 2021 half-year report are available on our website at www.holcim.com.

Media conference: 09:00 CEST Analyst conference: 10:00 CEST

Switzerland: [phone] France: [phone] UK: [phone] US: [phone]

Due to restrictions caused by COVID-19, the media conference at 09:00am CEST and analyst's conference at 10:00am CEST will be held virtually.

In order to participate in the analyst's conference, please go to https://www.holcim.com/h1-2021-events

The financial statements are based on IFRS can be found on the Holcim website.

About Holcim

Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

More information is available on www.holcim.com

Important disclaimer - forward-looking statements:

This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.

_______________________________________

[1] after leases

[2] Group share

[3] before impairment and divestments ----------------------------------------------------------------------------------------------------------------------- End of ad hoc announcement -----------------------------------------------------------------------------------------------------------------------

1222890 30-Jul-2021 CET/CEST

 
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(END) Dow Jones Newswires

July 30, 2021 00:31 ET (04:31 GMT)