Davy Research

LafargeHolcim (LHN.S, LHN VX)

  • 35625.6
  • 606.9
  • 76.0

Company Profile

The newly-merged LafargeHolcim will create the global leader in cement, aggregates and ready-mix concrete production. It will have cement production capacity of 386.5mt and an estimated 8.6% global market share. Excluding China, the group will have a c.23% global market share. The new combination neatly brings together Holcim's large exposure to Asia-Pacific and Latin America with Lafarge's footprint in Africa/Middle East to create a more balanced portfolio of businesses. The company will have 60% of sales in emerging markets but with no one country accounting for more than 10% of group sales. It is targeting run-rate synergies of CHF1.7bn phased over three years.


Major Shareholders%
Thomas Schmidheiny 11.4
Groupe Bruxelles Lambert 9.4
Harris Associates L.P5.0
NNS Jersey Trust4.8
Blackrock3.0
  • LAFARGEHOLCIM

    Closing Price (chf): 5870.0

  • RATING 17/11/15

  • PREVIOUS RATING 29/07/15

    NEUTRAL

Analyst(S)

COMPANY DATA

UPCOMING EVENTS

March 2 2018