LafargeHolcim has done a good job improving profitability despite weakness in market demand.
LafargeHolcim’s third-quarter earnings results reflected weakness in the operating environment in parts of its footprint, especially in Asia-Pacific, Latin America, and North America. Companywide like-for-like revenue declined by 3% over the prior-year quarter to roughly CHF 7 billion, as volumes for cement, aggregates, and ready-mixed concrete all fell. However, the company has done its best to manage prices and costs, driving a nearly 11% expansion in adjusted operating EBITDA to nearly CHF 1....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.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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