HCMLY Holcim Ltd featured news, full reports, and detailed charts
Holcim Ltd (HCMLY/HCMLY.PK) Wrap Up:
Holcim, Ltd. engages in the production and distribution of cement and aggregates in Switzerland and internationally. It offers portland cement, clinker, and cementitious materials, as well as develops customized solutions for special applications. The company?s aggregates include crushed stone, gravel, and sand, which are primarily used in manufacturing ready-mix concrete, concrete products, and asphalt, as well as for road building and railway tracks. In addition, Holcim offers ready-mix concrete and asphalt products. The company was founded in 1912 and is based in Jona, Switzerland.Holcim Ltd (HCMLY:OTC)
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Market Cap
--
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Total Revenue
22.8B
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EBITDA
4.7B
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DILUTED EPS TTM
4.57
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P/E
806.5x
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P/S
45.5x
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Return On Asset
3.84
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Return On Equity
7.34
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| K = Thousands M = Millions B = Billions | ||
HCMLY Top Compensated Officers
Executives, Board Directors
Key developments for Holcim Ltd (HCMLY)
Holcim Ltd. announced that it has appointed Ian Thackwray as member of the company's executive committee. Thackwray is now CEO of subsidiary Holcim Philippines. He will join Holcim's executive board at the beginning of 2010 and start familiarising himself with the regional responsibilities of executive committee member Tom Clough. As of July 1, 2010 Thackwray will replace Clough, who will go into retirement. Thackwray will in charge of the subsidiaries in eastern Asia, including China, the Philippines, Oceania, southern and eastern Africa. In addition, Aidan Lynam has been appointed Holcim's new area manager, starting January 1, 2010. Lynam is currently CEO of Holcim Vietnam. Gerard Letellier, who now acts as area manager, will assume responsibility for France within Holcim France Benelux on the same date.
Cementos Argos will invest $70 million to increase the capacity of its Panama cement mill from 770,000t/y to 1.6Mt/y. The expansion had been contemplated in collaboration with Argos' joint venture partner Holcim Ltd. However, in July 2009, Argos bought Holcim's assets in Panama and the Caribbean, including its 50% share in Cemento Panamá, for $157 million. Argos now owns 100% of Cemento Panamá, where it plans to carry out the expansion. The increased capacity will allow Argos to satisfy the rise in demand that will be brought about by the $5.25 billion Panama Canal expansion project.
Holcim Ltd. expected to Report Q3 2009 Results on November 11, 2009. This event was calculated by Capital IQ (Created on August 20, 2009).
HCMLY Competitors
| Company | Last | Change |
| CRH | €17.10 EUR | -0.176 |
| HeidelbergCement | €44.40 EUR | -1.72 |
| Italcementi | €9.55 EUR | -0.41 |
| Lafarge | €57.72 EUR | -1.63 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | HCMLY | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 45.5x |
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| Price/Book | 62.0x |
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| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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HCMLY |
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HCMLY transactions
| Type Date |
Target |
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Merger/Acquisition
July 31, 2009 |
Cementos Colon and Panama Cement Holding S.A. and Related Operations |
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Merger/Acquisition
July 27, 2009 |
Cemento de El Salvador S.A. de C.V. |
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Private Placement
June 15, 2009 |
Huaxin Cement Co., Ltd. |
More Recent News About Holcim Ltd
More news for HCMLY
Holcim Cementing Opportunities
LONDON -- Swiss cement maker Holcim is paying $1.6 billion for the Australian operations of Mexican cement maker Cemex, bucking the trend in a highly leveraged industry which has been paying the price of past spending spree. Holcim ( HCMLY - news - people ) won't be taking on any more debt through the acquisition of the division, which includes the division's concrete making subsidiary but will be funding it through a 2 billion Swiss franc ($1.8 billion) rights issues that would be 12% dilutive to existing shareholders. Shares of Holcim slipped marginally, down 0.3% on Monday afternoon, reflecting confidence in the company's financial position.The company is billing it as an "opportunistic" deal which is taking advantage of the troubles within the sector, rather than the synergies it offers. The company is paying around 6.6 times EBITDA for the operations, a low valuation by the standards within the industry. Mexican Cemex ( CX - news - people ) had pledged to sell over $2 billion of assets as it struggled to refinance debt of some $14 billion - the company had spent heavily on international acquisitions, including...Click here to read the whole Article (external link)