Feb 26, 2021 / 08:00AM GMT
Jan Philipp Jenisch - LafargeHolcim Ltd - CEO
Good morning, and welcome to the 2020 result presentation of LafargeHolcim today. I'm very happy to have you all here with me digitally. I'm here in the studio together with our CFO, Geraldine Picaud.
We firstly would like to run you through our results and then we go to our Q&A session.
Well, 2020 was a very challenging year, I think, for all of us. I'm very proud our people managed this so well. We kept everyone safe and healthy. And at the same time, we also took good care of our business.
You see in our results that we had a very strong momentum in Q4. Net sales were growing again and operating profit was growing over-proportionally. This is a result of demand which is coming back fastly in the building materials spectrum, and it's also due to our action plan, Health, Cost and Cash, which helped us very strongly to reduce the cost, increase the cash flow and come back on growth track.
As a result, we have a record free cash flow of over CHF 3.2 billion achieved in 2020. And following this, we had a further
Full Year 2020 LafargeHolcim Ltd Earnings Press Conference Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers