LafargeHolcim

LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.
  • TickerLHN
  • ISINCH0012214059
  • ExchangeSix Swiss Exchange
  • SectorConstruction & Materials
  • CountrySwitzerland

LAFARGEHOLCIM with less fundamental stars is reduced to Neutral

LAFARGEHOLCIM (CH), a company active in the Building Materials & Fixtures industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date September 22, 2020, the closing price was CHF 42.00 and its expected value was estimat...

Lafargeholcim Ltd: 1 director sold

A director at Lafargeholcim Ltd sold 500 shares at 43.040CHF and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Sven Edelfelt ...
  • Virginie Rousseau

LafargeHolcim : Towards a good H2 in an uncertain climate

>Reasonably optimistic going forward - Whilst our comments on the preliminary results can be found in our Flash published on 30 July (“Surprise!”) our takeaways from the conference call are discussed below. A key point, CEO Jan Jenisch was cautiously optimistic about the recovery in countries affected by the lockdown, citing the example of China and a good July after a level of +5% in June. Most of the questions concerned the cost-cutting plan, the overly cautious gui...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global equities consolidating We remain constructive on global equities as the MSCI ACWI, ACWI ex-U.S., and EAFE indexes consolidate above their respective 200-day moving averages. On the other hand, the MSCI EM index is breaking below its 200-day moving average and is flirting with a breakdown below 56,000 support (local currency). Weakness within EM raises concerns that global equities may also succumb to weakness... see charts below. • Global equities consolidating. We take a look at the big picture, providing overviews on broad MSCI indexes (ACWI, ACWI ex-U.S., and EAFE)... see page 2...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

The MSCI ACWI and ACWI ex-US have managed to break above their respective 200-day moving averages, providing further evidence that global equities are going through a bottoming process. • Remain overweight China which is leading global equities higher. RS uptrends remain intact for the Shanghai Composite and MSCI China indexes. In today's report we highlight a number of actionable charts Chinese companies, focusing on less-exploited price patterns... see page 2. • EAFE small- vs large-cap ratio exhibits early signs of bottoming. We view the potential bottom for the MSCI EAFE small- vs. ...

Valérie GASTALDY

Analyse court terme - LAFARGEHOLCIM LTD (EUR) : La tendance est baissière.

La tendance est baissière. La reprise est une consolidation. Les Stochastiques sont en zone de surachat. La baisse peut bientôt reprendre vers 38,74 €. La tendance de fond serait remise en cause en cas de franchissement de 44,00 €.

Valérie GASTALDY

Short term view - LAFARGEHOLCIM LTD (EUR) : The trend is bearish.

The trend is bearish. The recovery is a consolidation. Stochastics are at the overbought level. The fall can soon resume toward €38.74. The background trend would be questioned should prices rise above €44.00.

Valérie GASTALDY

Short term view - LAFARGEHOLCIM LTD (CHF) : The recovery is a consolidation.

The trend is bearish. The recovery is a consolidation. Stochastics are at the overbought level. The fall can soon resume toward CHF 43.20. The background trend would be questioned should prices rise above CHF 49.04.

Lafargeholcim Ltd: 1 director sold

A director at Lafargeholcim Ltd sold 500 shares at 43.040CHF and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Sven Edelfelt ...
  • Virginie Rousseau

LafargeHolcim : Towards a good H2 in an uncertain climate

>Reasonably optimistic going forward - Whilst our comments on the preliminary results can be found in our Flash published on 30 July (“Surprise!”) our takeaways from the conference call are discussed below. A key point, CEO Jan Jenisch was cautiously optimistic about the recovery in countries affected by the lockdown, citing the example of China and a good July after a level of +5% in June. Most of the questions concerned the cost-cutting plan, the overly cautious gui...

Sven Edelfelt ...
  • Virginie Rousseau

LafargeHolcim : Vers un bon S2 dans un contexte incertain

>Raisonnablement optimiste pour la suite - Alors que les commentaires sur les résultats préliminaires sont disponibles dans le Flash du 30/07 (« La surprise du chef »), nous retenons de la conférence téléphonique, les éléments ci-dessous. Point important, le CEO, Jan Jenisch, s’est montré prudemment optimiste concernant la reprise dans les pays touchés par le confinement citant l’exemple de la Chine et un bon mois de juillet après +5% en juin. La plupart des questions...

Sven Edelfelt ...
  • Virginie Rousseau

LafargeHolcim : La surprise du chef

>EBIT T2 >29% au consensus et cash-flow record - L’EBIT T2 ressort à 932°MCHF (-31.6% à pcc), au-dessus du consensus de 29% (725°MCHF) et de nos attentes de 38% (675°MCHFe). Le groupe a réalisé une bonne performance malgré des effets volumes T2 très négatifs liés au confinement. Au mois de juin toutes les régions ont retrouvé un niveau supérieur à celui de l’année dernière (+5% à pcc en juin après -18% en mai et -37% en avril). Les économies de couts ressortent à 275...

Sven Edelfelt ...
  • Virginie Rousseau

LafargeHolcim : Surprise!

>Q2 EBIT >29% above the consensus and record cash flow - Q2 EBIT came to CHF 932m (-31.6% l-f-l), 29% above the consensus (CHF 725m) and 38% above our estimate (CHF 675m est.). The group turned in a good performance despite very negative volume effects due to the lockdown. In June, all regions returned to higher levels than last year (+5% l-f-l in June after -18% in May and -37% in April). Cost savings came to CHF 275m in H1 versus CHF 300m expected for the full yea...

Sven Edelfelt ...
  • Virginie Rousseau

ODDO : Cemex: a good Q2 in an uncertain climate

>Q2 2020 results substantially better than expected - Cemex has reported its Q2 2020 results. EBITDA came in at $ 554m, 27% above the consensus ($ 435m), down 6% l-f-l and 11% vs Q2 2019. Q2 sales were down by 14% in real terms 10% l-f-l ($ 2.912bn) and FCF dropped by 35% in Q2 after an improvement of 36% in Q1 2020 and +38% in Q4 2019.Broadly positive read across on forthcoming earnings reports for LafargeHolcim and CRH. HeidelbergCement's Q2 2020 results, which...

LafargeHolcim Ltd: Update following rating confirmation

CORPORATES CREDIT OPINION 21 March 2017 Update RATINGS LafargeHolcim Ltd Domicile Switzerland Long Term Rating Baa2 Type LT Issuer Rating - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Stanislas Duquesnoy 49-69-70730-781

LafargeHolcim Ltd: Recent Strong Performance Supports Rating Confirmation but we Remain Cautious on 2018 EBITDA Guidance

CORPORATES ISSUER IN-DEPTH 14 March 2017 RATINGS LafargeHolcim Ltd. Issuer rating Baa2 Outlook Negative Moody's Investors Service KEY METRICS: 2016 2015 2014 Debt/ EBITDA 4.1x 7.0x 3.4x RCF/net debt

LAFARGEHOLCIM with less fundamental stars is reduced to Neutral

LAFARGEHOLCIM (CH), a company active in the Building Materials & Fixtures industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date September 22, 2020, the closing price was CHF 42.00 and its expected value was estimat...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

LafargeHolcim – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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