Longleaf Partners Comments on LafargeHolcim

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Jul 10, 2019

LafargeHolcim (XSWX:LHN) has sold several emerging market operations in the last six months, including Malaysia, Indonesia and the Philippines, as CEO Jan Jenisch has focused the company on maximizing profits in geographies where it has a long-term advantage. We expect to see more sales in non-core regions, such as the Middle East or Africa, that could be stock catalysts.

From Longleaf Partners' second-quarter 2019 shareholder commentary.