HCMLY News and Press, LafargeHolcim ADR From 12/22/21

Holcim outlines a broadly in-line set of financial targets, although a closer look points toward some conservatism embedded in the numbers. Growth in lower CO2 alternative products and M&A are set to drive an accretive longer-term transition toward 'value' over volume. With th...

Southeastern’s 13F portfolio value increased from $4.97B to $5.27B this quarter. The number of positions increased from 24 to 28. Southeastern Asset Management added Discovery and IAC/InterActive while reducing Comcast and dropping Everest Re. The top three positions are Lu...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class declined -0.25% in 2021’s th...

Holcim (OTCPK:HCMLY): Q3 Recurring EBIT reached a record CHF 1,534M in the third quarter of 2021, up 4.7% LFL compared to the prior-year period, or +6.2% of absolute growth. Revenue of CHF 7.29B (+12.8% Y/Y) Press Release The company has revised Recurring EBIT growth guidance from 18% to at l...

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Global markets declined during the quarter, grappling wit...

CSN, through its subsidiary CSN Cimentos, recently announced a $1.0 billion acquisition of LafargeHolcim's assets in Brazil. The deal represents another key step in CSN's longer-term expansion plan to become a major low-cost cement player. The valuation is compelling as well, alth...

Southeastern’s 13F portfolio value increased from $4.68B to $4.97B this quarter. The number of positions remained steady at 24. Southeastern Asset Management added Madison Square Garden Sports while dropping Biogen during the quarter. The top three positions are Lumen Techn...

The infrastructure bill has piqued investors' interest in the space of heavy materials. Martin Marietta Materials is a leader in that space, having been profitable even during recessions and managed to post profitable growth despite industry cycles. But is it a buy at this point i...

Holcim crushed my expectations so far and is guiding for a "like-for-like" EBIT increase of 18%, compared to just 7% a few months ago. The net debt increased due to the Firestone Building acquisition, but the strong cash flows will rapidly reduce the net debt. Holcim is currently ...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...