Lafarge Switzerland Holcim and Bernstein Phil Roseberg

Lafarge Holcim: That my mantra, according to Euro News. France Lafarge and Switzerland Holcim joined forces in a $44 billion tie-up, promising to cut costs and redirect capital previously locked into hundreds of plants worldwide to boost profits and return cash to shareholders. We make a commitment and we deliver on the commitment, he said in an interview on Wednesday. By 2018 it aims for 8 billion Swiss francs in operating earnings before interest, taxes, depreciation and amortisation, from 2015 5.7 billion francs. After first-quarter EBITDA fell 17 percent, Bernstein Phil Roseberg predicted only the most extraordinary results going forward will keep Lafarge Holcim from missing Olsen 2016 target. For 2016, Olsen is aiming for high single-digit EBITDA growth, a target that has been challenged by some analysts who are concerned that lingering challenges in India, Nigeria, China, Brazil and Russia will trip up the company. (news.financializer.com). As reported in the news.

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