BREAKING NEWS

BREAKING NEWS

LafargeHolcim sees slower 2019 sales growth but higher profitability

LafargeHolcim sees slower 2019 sales growth but higher profitability
FILE PHOTO: The company's new logo is pictured at the headquarters of LafargeHolcim in Zurich, Switzerland, July 15, 2015. REUTERS/Arnd Wiegmann -
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Arnd Wiegmann(Reuters)
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ZURICH (Reuters) - LafargeHolcim <LHN.S> expects slower sales growth but higher profitability during 2019, the world's largest cement maker said on Wednesday, adding it is counting on "solid market demand" for its building materials to continue.

The French-Swiss company expects full-year sales growth of 3 to 5 percent next year, down from the 4 to 6 percent rate targeted this year, after disposals of businesses and currency swings are taken into account.

(Reporting by John Revill and John Miller; editing by Thomas Seythal)

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