Holcim Ltd (OTCPK:HCMLF)
$ 89.8625 6.0425 (7.21%) Market Cap: 50.60 Bil Enterprise Value: 58.36 Bil PE Ratio: 15.25 PB Ratio: 1.76 GF Score: 81/100
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Full Year 2020 LafargeHolcim Ltd Earnings Call Transcript

Feb 26, 2021 / 10:00AM GMT
Release Date Price: $56.85 (-2.50%)
Jan Philipp Jenisch
LafargeHolcim Ltd - CEO

Hello, everyone, and welcome to our 2020 Results Analyst and Investor Conference. I'm very happy that you could all connect today, and then we can have our presentation and discussion online today. I have with me Géraldine Picaud, our Chief Financial Officer, who will explain the financial performance for the past year in more detail with us later.

I would like to start to talk about the highlights and the conclusions of the year, then Géraldine will explain the results in more detail. I will close with the outlook and then I think we have around 60 minutes for your questions and comments, as usual.

Let me start to give you a summary of 2020 highlights and key developments. As we all know, it was a very challenging year for all of us. And I think we mastered this very well. We had a situation where our business was basically disrupted from mid-March to end of May. So for a time period of around 3 months, we were disrupted by the first wave where construction sites were closed. And then we had a very fast rebound of demand for our products

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