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Holcim Reports Lower Sales and Profits on Currency Movements
Businessweek Holcim Ltd. (HOLN), the Swiss cement-maker that plans to merge with Lafarge SA (LG), reported lower profit and sales as a drive to cut costs and boost efficiency failed to offset the drag of devaluating currencies in emerging markets. Net income in the three … UPDATE 1-Holcim operating profit rises as cost cuts bear fruitReuters Holcim First-Quarter Profit Falls 57%Wall Street Journal Holcim Profit Drops; Like-for-like Sales RiseRTT News Financial Times all 9 news articles |
Source: Business News From Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.