HCMLY News and Press, LafargeHolcim ADR From 10/31/22

Summary The company's roofing division is too important to go unnoticed, with recurring EBIT margin at 20%. New orders are weakening; however, the company is able to achieve a positive pricing delta. We continue to see upside in our multiple arbitrage opportunity. We...

Summary Holcim's shares have outperformed YTD and interim FY12/2022 results were firm. Despite being a global leader in the building materials sector, Holcim is not immune to cost pressures from inflation and increasing borrowing costs. Management has aired no real concerns to...

Summary Southeastern’s 13F portfolio value decreased from $5.66B to $4.74B this quarter. The number of positions increased from 35 to 36. They increased IAC/Interactive, Hyatt Hotels, General Electric, Warner Bros. Discovery, and Liberty Broadband and Affiliated Managers Gr...

Summary Looking at the sector, CRH is currently less impacted by higher energy costs. Despite uncertainties and higher prices, we expect a robust second half of the year (still supported by private and public expenditures). $5.5 billion EBITDA reiterated so we decide to initia...

Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients. Longleaf Partners International Fund dec...

First Pacific Advisors (FPA) is a Los Angeles-based institutional money management firm practicing a disciplined approach to value investing, prudently seeking superior long-term returns while maintaining a focus on capital preservation. Source Capital Inc.’s (“Source&#x...

Brazil antitrust regulator CADE on Wednesday approved steelmaker Companhia Siderurgica Nacional's ( NYSE: SID ) acquisition of Holcim's ( OTCPK:HCMLF ) local cement business with no restrictions, allowing the ~$1B deal to be completed. Technical staff at CADE previou...

Holcim Ltd (HCMLF) Q2 2022 Earnings Conference Call July 27, 2022 04:00 AM ET Company Participants Swetlana Schoordijk - Head of IR Jan Jenisch - CEO Geraldine Picaud - CFO Conference Call Participants Elodie Rall - JP Morgan Paul Roger - BNP Pari...

The company is delivering solid results. Fundamentals are also supportive. We appreciated the company's transformation towards value-added products (with higher margins). Our thesis still holds, we are buying the dip. Since we initiated our coverage, Holcim's ( HCMLF, ...

The following slide deck was published by Holcim Ltd in conjunction with their 2022 Q2 earnings call. For further details see: Holcim Ltd 2022 Q2 - Results - Earnings Call Presentation