HOLCIM LTD
Restructuring, litigation and other Restructuring, litigation and other
non-recurring costs non-recurring costs comprise
significant items that, because of
their exceptional nature, cannot be
viewed as inherent to the Group's
ongoing performance, such as strategic
restructuring, major items relating to
antitrust fines and other business
related litigation cases.
Profit/loss on disposals and other Profit/loss on disposals and other
non-operating items non-operating items comprise capital
gains or losses on the sale of Group
companies and of material property,
plant and equipment and other
non-operating items that are not
directly related to the Group's normal
operating activities such as
revaluation gains or losses on
previously held equity interests,
disputes with non-controlling interest
and other major lawsuits.
Net income/loss before impairment and Net income/loss before impairment and
divestments divestments excludes impairment
charges and capital gains and losses
arising on disposals of investments
which, because of their exceptional
nature, cannot be viewed as inherent
to the Group's ongoing activities. It
is defined as: +/- Net income/loss -
gains and losses on disposals of Group
companies - impairments of goodwill
and long-term assets
EPS (Earnings Per Share) before The EPS (Earnings Per Share) before
impairment and divestments impairment and divestments is an
indicator that measures the
theoretical profitability per share of
stock outstanding based on a net
income/loss before impairment and
divestments. It is defined as Net
income/loss before impairment and
divestments attributable to the
shareholders of LafargeHolcim divided
by the weighted average number of
shares outstanding.
Capex or Capex Net (Net Maintenance The Capex or Capex Net (Net
and Expansion Capex) Maintenance and Expansion Capex) is an
indicator to measure the cash spent to
maintain or expand its asset base. 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 (diversification)
+ 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
Free Cash Flow after leases The Free Cash Flow after leases is an
indicator to measure the level of cash
generated by the Group after spending
cash to maintain or expand its asset
base. It is defined as: +/-- Cash flow
from operating activities -- Net
Maintenance and Expansion Capex --
Repayment of long-term lease
liabilities
Net financial debt ("Net debt") The Net financial debt ("net debt") is
an indicator to measure the financial
debt of the Group after deduction of
the cash. It is defined as: +
Financial liabilities (short-term and
long-term) including derivative
liabilities -- 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.
Cash conversion The cash conversion is an indicator
that measures the Group's ability to
convert profits into available cash.
It is defined as Free Cash Flow after
leases divided by Recurring EBITDA
after leases.
ADDITIONAL INFORMATION
The analyst presentation of the results and our 2020 half-year report are available on our website at www.lafargeholcim.com
The financial statements are based on IFRS can be found on the LafargeHolcim Group website.
Media conference: 09:00 CET Analyst conference: 10:00 CET Switzerland: +41 58 310 5000 France: +33 1 7091 8706 UK: +44 207 107 0613 US: +1 631 570 5613
About LafargeHolcim
LafargeHolcim is the global leader in building materials and solutions and active in four business segments: Cement, Aggregates, Ready-Mix Concrete and Solutions & Products. Its ambition is to lead the industry in reducing carbon emissions and shifting towards low-carbon construction. With the strongest R&D organization in the industry, the company seeks to constantly introduce and promote high-quality and sustainable building materials and solutions to its customers worldwide - whether individual homebuilders or developers of major infrastructure projects. LafargeHolcim employs over 70,000 employees in over 70 countries and has a portfolio that is equally balanced between developing and mature markets.
More information is available on www.lafargeholcim.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 LafargeHolcim 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 LafargeHolcim, including but not limited to the risks described in the LafargeHolcim's annual report available on its website (www.lafargeholcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. LafargeHolcim does not undertake to provide updates of these forward-looking statements.
(1) After leases
(2) Group share
(3) Before impairment and divestments
(4) Subject to pandemic-related uncertainties
View source version on businesswire.com: https://www.businesswire.com/news/home/20200729005862/en/
CONTACT: Media Relations: media@lafargeholcim.com
+41 (0) 58 858 87 10
Investor Relations:
investor.relations@lafargeholcim.com
+41 (0) 58 858 87 87
SOURCE: LafargeHolcim
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