LafargeHolcim: 22.7% rise in recurring net income.

(CercleFinance.com) - LafargeHolcim reports recurring net income figures for the second quarter up 22.
7% to 700 million Swiss francs, or 1.16 francs per share, and adjusted operating EBITDA up 10.1% to 1,735 million like-for-like.

Pricing, cost management and synergies lie at the basis of the improvement in the adjusted operating EBITDA margin of 150 basis points for net sales of 6,850 million, up 3.6% like-for-like.

Synergies of 121 million Swiss francs were generated over the course of the quarter. At the end of the period, the construction materials group came close to delivering one billion francs in cumulative synergies, ahead of their targets for the end of 2017.

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