Alert on FY 2010 – Maintaining a HOLD on Holcim with a target share price of USD 16.00

Revenues at Holcim Liban have reached a new high of USD 227 million, growing 9.8% due to increasing local demand. This is aligned with our estimates of USD 216 million. As for earnings, Net Income showed a growth of 22% reaching USD 37 million caused by higher revenues and the enhancement of the company’s operating efficiency.

Click below for the full report:

Holcim Liban Results Review 2010

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