HCMLY News and Press, LafargeHolcim ADR From 07/27/22

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

LafargeHolcim press release ( OTCPK:HCMLY ): 1H GAAP EPS of CHF1.90. Revenue of CHF14.68T (+17.0% Y/Y). For further details see: LafargeHolcim GAAP EPS of CHF1.90, revenue of CHF14.68T

Holcim follows up the divestment of its Indian assets with the acquisition of SES Foam, an independent spray foam insulation company. Assuming the sale goes through by year-end, Holcim will have ample balance sheet capacity to accelerate its portfolio optimization efforts. As the ...

Southeastern’s 13F portfolio value decreased from $5.96B to $5.66B this quarter. The number of positions increased from 33 to 35. Southeastern Asset Management increased IAC/InterActiveCorp and Affiliated Managers Group while decreasing Williams Companies. The top three pos...

Holcim (OTCPK:HCMLY) signed a binding agreement for the Adani to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC. The corresponding offer share prices of INR 385 for Ambuja Cement a...

Immaterial exposure in Russia/Ukraine. Revenue beat but not in margins, we estimate more price increases in the future. Confirmed 2022 guidance and our positive outlook based on a revamp of the infrastructure expenditure. For further details see: HeidelbergCement: Again ...

Strong Q1 performance both at sales and at operating profit level. Supportive M&A strategy - once again an excellent US acquisition. Higher guidance and we confirm our buy rating with a 42% upside. For further details see: LafargeHolcim: A Follow Up Note On Q1 Perfor...

Cement maker Holcim (OTCPK:HCMLY) is considering a potential sale of businesses in India including its controlling stake in Ambuja Cements, Bloomberg reports. Holcim owns 63.1% of Ambuja, which has a market value of ~$9.6B and has a cement capacity of 31M metric tons, with six integrated manu...

Analysing HeidelbergCement's exposure in Russia and in Ukraine. Confirming our long term thesis. Despite the energy price increase, management increased the DPS by 9% and we also confirm our buy rating at 70 euros per share. For further details see: Looking At Heidelberg...

Southeastern’s 13F portfolio value increased from $5.27B to $5.96B this quarter. The number of positions increased from 28 to 33. Southeastern Asset Management added Biogen, Liberty Broadband, and Fiserv while dropping Baidu. The top three positions are Lumen Technologies, ...