LafargeHolcim's strong Q1 points to construction upturn : vi

LafargeHolcim's strong Q1 points to construction upturn


LafargeHolcim's strong Q1 points to construction upturn
Updated / Friday, 23 Apr 2021
08:48
The world's largest cement maker said it was seeing 'fantastic growth momentum'
LafargeHolcim has today raised its full year guidance after reporting higher sales and doubling its operating profit during the first quarter, sending a positive signal for the global construction sector.
The world's largest cement maker said it was seeing "fantastic growth momentum".
It reported better results in all of its regions as building resumes after pandemic-driven shutdowns last year.
The Swiss company is also looking forward to the impact of massive stimulus programmes announced as a result of the Covid-19 pandemic, such as US President Joe Biden's $2.3 trillion infrastructure plan.

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