We upgrads our rating on Solidere to an ACCUMULATE with a 6-month target price of USD 14.80. While 2011 presented a challenging year for Solidere, its revenues dropped less than our estimates and we are ... read more
Revenues at the cement producer reached USD 196 million in 2011, growing by 5.7% y-o-y, led by rising prices and slight growth in local demand. However, Holcim’s gross income declined by 4.5% to $65.9 ... read more
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