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Half year results 2010 holcim ltd

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Cấu trúc

  • Key financial figures

  • Major changes in the scope of consolidation

  • Cement – sales volumes by region

  • Aggregates – sales volumes by region

  • Ready-mix concrete and asphalt – sales volumes by region

  • Exchange rates

  • Net sales

  • Net sales by region

  • Net sales by region

  • Operating EBITDA

  • Operating EBITDA by region

  • Operating profit

  • Operating profit by region

  • Net income

  • Cash flow from operating activities

  • Cash flow statement

  • Financial position

  • Europe – mature and emerging market highlights

  • Asia Pacific – mature and emerging market highlights

  • Cement – price/volume variances per region

  • Cement – price/volume variances per region

  • Cement – price/volume variances per region

  • Cement – price/volume variances per region

  • Aggregates – price/volume variances per region

  • Aggregates – price/volume variances per region

  • Contact information and event calendar

Nội dung

© 2010 Holcim Ltd Phu My Bridge, Vietnam Half-year results 2010 1 Half-year results 2010 © 2010 Holcim Ltd Key financial figures 2009 2009 2010 LFL CIS FX Total Sales volumes - Cement (mt) 131.9 65.1 67.8 2.8% 1.3% 4.1% - Aggregates (mt) 143.4 62.5 73.2 -0.5% 17.6% 17.1% - Ready-mix (mm 3 ) 41.8 19.3 21.9 0.0% 13.5% 13.5% Net sales 21,132 10,082 10,902 -0.8% 6.7% 2.2% 8.1% Operating EBITDA 4,630 2,143 2,343 2.0% 4.9% 2.4% 9.3% Operating profit 2,781 1,306 1,416 1.0% 4.1% 3.3% 8.4% Net income before minorities 1,958 787 611 1 -24.9% 2.2% 0.3% -22.4% Net income Holcim shareholders 1,471 527 331 1 -40.0% 3.4% -0.6% -37.2% Cash flow 3,888 805 906 2.7% 6.3% 3.5% 12.5% EPS in CHF 2 4.93 1.88 1.03 -45.2% Million CHF (if not otherwise stated) 6M +/-Full Year 1 Including a non-recurring cash-neutral tax charge of CHF 186 million 2 Calculated on the weighted average number of shares outstanding 2 Half-year results 2010 © 2010 Holcim Ltd Major changes in the scope of consolidation Effective as at – United Cement Company of Nigeria April 1, 2009 + Holcim Australia and Cement Australia October 1, 2009 +/– Various smaller companies 3 Half-year results 2010 © 2010 Holcim Ltd Cement – sales volumes by region Δ 6M 09/6M 10 LFL Change in structure Total Europe -8.5% 0.8% -7.7% North America 0.0% 0.0% 0.0% Latin America -0.9% 0.0% -0.9% Africa Middle East 11.1% -6.7% 4.4% Asia Pacific 3.8% 3.2% 7.0% Total 2.8% 1.3% 4.1% 5.0 5.06.7 12.0 13.0 17.1 36.5 34.1 33.5 4.74.5 4.8 11.1 13.7 11.2 Total Group 6M 2008 72.5 6M 2009 65.1 6M 2010 67.8 Million t 4 Half-year results 2010 © 2010 Holcim Ltd Aggregates – sales volumes by region Δ 6M 09/6M 10 LFL Change in structure Total Europe -1.6% 0.3% -1.3% North America 1.3% 0.0% 1.3% Latin America 0.0% 0.0% 0.0% Africa Middle East 8.3% 0.0% 8.3% Asia Pacific 4.8% 514.2% 519.0% Total -0.5% 17.6% 17.1% 15.5 15.3 20.9 37.5 38.0 48.7 13.0 2.1 2.3 1.31.21.2 5.9 6.6 5.9 Total Group 6M 2008 79.7 6M 2009 62.5 6M 2010 73.2 Million t 5 Half-year results 2010 © 2010 Holcim Ltd 7.8 2.7 2.9 10.3 8.3 3.2 Ready-mix concrete and asphalt – sales volumes by region Δ 6M 09/6M 10* LFL Change in structure Total Europe -7.2% 1.2% -6.0% North America 8.7% 0.0% 8.7% Latin America 0.0% 0.0% 0.0% Africa Middle East -16.7% 0.0% -16.7% Asia Pacific 12.5% 81.3% 93.8% Total 0.0% 13.5% 13.5% 2.5 2.3 3.2 1.6 1.5 2.5 6.2 3.2 3.5 0.5 0.60.6 4.9 6.0 4.9 Total Ready-mix 6M 2008 23.6 6M 2009 19.3 6M 2010 21.9 Total Asphalt 6M 2008 5.8 6M 2009 4.3 6M 2010 4.4 * Ready-mix concrete only Million m 3 /t 6 Half-year results 2010 © 2010 Holcim Ltd Exchange rates Statement of income average exchange rates in CHF 6M 08 6M 09 6M 10 +/- 1 EUR 1.60 1.50 1.43 -4.7% 1 GBP 2.06 1.69 1.65 -2.4% 1 USD 1.04 1.13 1.08 -4.4% 1 LATAM Basket (MXN, BRL, ARS, CLP) 1 1.18 1.00 1.06 6.0% 1 Asian Basket (AUD, IDR, INR, THB, PHP) 1 1.13 1.00 1.09 9.0% Statement of financial position exchange rates in CHF 30/06/09 31/12/09 30/06/10 +/- 1 EUR 1.52 1.49 1.32 -11.4% 1 GBP 1.81 1.66 1.63 -1.8% 1 USD 1.08 1.03 1.08 4.9% 1 LATAM Basket (MXN, BRL, ARS, CLP) 2 1.01 1.00 1.04 4.0% 1 Asian Basket (AUD, IDR, INR, THB, PHP) 2 1.00 1.00 1.05 5.0% 1 Weighted by net sales 6M 2010 2 Weighted by net sales full year 2009 7 Half-year results 2010 © 2010 Holcim Ltd 10,902 10,082 12,434 6M 2008 6M 2009 6M 2010 Like-for-Like (LFL) 1,051 8.2% -1,388 -11.2% -85 -0.8% Change in structure -395 -3.0% -52 -0.4% 680 6.7% FX movements -1,224 -9.6% -912 -7.3% 225 2.2% Total change -568 -4.4% -2,352 -18.9% 820 8.1% Net sales Million CHF 8 Half-year results 2010 © 2010 Holcim Ltd Net sales by region Δ 6M 09/6M 10 LFL Change in structure FX Total Europe -6.4% 1.1% -3.0% -8.3% North America -4.2% 0.0% 1.4% -2.8% Latin America -0.7% 0.0% 3.7% 3.0% Africa Middle East 8.6% -6.0% -6.2% -3.6% Asia Pacific 5.1% 22.0% 9.1% 36.2% Total -0.8% 6.7% 2.2% 8.1% 1405 1445 1857 1725 1674 2053 3304 5144 3603 652 618 596 4195 30793089 6M 2008 6M 2009 6M 2010 Million CHF 9 Half-year results 2010 © 2010 Holcim Ltd North America 12.5% Europe 29.4% Asia Pacific 37.4% Africa Middle East 5.3% Latin America 15.4% Net sales 6M 2010 Net sales by region [...]... shareholders August 18, 2011 Half- year results for 2011 November 9, 2011 Press and analyst conference for the third quarter 2011 Investor Relations Phone +41 58 858 87 87 Fax +41 58 858 80 09 investor.relations @holcim. com www .holcim. com/investors Mailing list: www .holcim. com/subscribe 27 © 2010 Holcim Ltd Half- year results 2010 Strength Performance Passion Phu My Bridge, Vietnam © 2010 Holcim Ltd ... securities 3 Liquidity III =Liquidity II + unused committed credit lines 2 © 2010 Holcim Ltd 17 Half- year results 2010 Financial position Million CHF Net financial debt Total shareholders' equity 82.0% Gearing 62.8% 63.0% 22,337 22,044 19,580 16,048 13,833 30.06.2009 31.12.2009 14,075 30.06 .2010 18 © 2010 Holcim Ltd Half- year results 2010 Europe – mature and emerging market highlights Million CHF (if not... © 2010 Holcim Ltd Half- year results 2010 Operating profit Margin Million CHF 15.8% 1 13.0% 13.2% 13.0% 1,964 1,306 Like-for-Like (LFL) Change in structure FX movements Total change -58 -205 -196 -459 -2.4% -8.5% -8.0% -18.9% 6M 2008 1 Margin on a like-for-like basis © 2010 Holcim Ltd -466 -23.7% -59 -3.0% -133 -6.8% -658 -33.5% 6M 2009 1,416 13 53 44 110 1.0% 4.1% 3.3% 8.4% 6M 2010 12 Half- year results. .. 45.9% -5.8% 14.6% 16.0% 8.4% 13 © 2010 Holcim Ltd Half- year results 2010 Net income Million CHF Net income Net income - shareholders of Holcim Ltd 1,338 1,066 -41.2% 787 -53.2% 527 -56.0% 6M 2008 1 6M 2009 Including a non-recurring cash-neutral tax charge of CHF 186 million © 2010 Holcim Ltd -50.6% -22.4% 611 -37.2% 331 1 6M 2010 14 Half- year results 2010 Cash flow from operating activities Margin Million... local currencies © 2010 Holcim Ltd 26 Half- year results 2010 Contact information and event calendar Contact information Event calendar Corporate Communications Phone +41 58 858 87 10 Fax +41 58 858 87 19 communications @holcim. com November 10, 2010 Press and analyst conference for the third quarter 2010 March 2, 2011 Press and analyst conference on annual results for 2010 May 4, 2011 Results for the first... Change in structure FX movements Total change -908 -115 -46 -1,069 -52.4% -6.6% -2.7% -61.7% 6M 2008 © 2010 Holcim Ltd 253 -5 -107 141 38.1% -0.8% -16.1% 21.2% 6M 2009 22 2.7% 51 6.3% 28 3.5% 101 12.5% 6M 2010 15 Half- year results 2010 Cash flow statement Million CHF Full Year 6 months +/- 2009 2009 2010 3,888 805 906 12.5% -376 -111 -120 -8.1% 3,512 694 786 13.3% Expansion investments -1,929 -1,026... based on local currencies © 2010 Holcim Ltd 1 weighted average like-for-like 2 Calculation in USD 22 Half- year results 2010 Cement – price/volume variances per region Domestic cement prices Domestic cement volumes +/- 6M 09/6M 10* +/- 6M 09/6M 10 Africa Middle East1 Morocco2 Lebanon2 Indian Ocean * If not otherwise indicated calculation based on local currencies © 2010 Holcim Ltd -2.0% -0.5% -1.0% -9.8%... movements Total change -29 -210 -283 -522 -0.9% -6.3% -8.5% -15.7% 6M 2008 1 Margin on a like-for-like basis © 2010 Holcim Ltd -403 -54 -202 -659 -14.4% -1.9% -7.2% -23.5% 6M 2009 42 105 53 200 2.0% 4.9% 2.4% 9.3% 6M 2010 10 Half- year results 2010 Operating EBITDA by region Million CHF 6M 2008 6M 2009 6M 2010 1115 559 85 199 140 500 1072 783 206 186 Δ 6M 09/6M 10 607 543 523 Europe North America Latin America... 204 500 343 157 -8.6% -2.5% -19.1% 1.3% 2.0% 0.0% -3.3% -2.9% -3.9% -10.6% -3.4% -23.0% 19 © 2010 Holcim Ltd Half- year results 2010 Asia Pacific – mature and emerging market highlights Million CHF (if not otherwise stated) Cement volumes (mt) - of which mature markets - of which emerging markets 6 months 2009 2010 34.1 36.5 1.4 2.3 32.7 34.2 +/LFL CIS FX Total 3.8% -7.1% 4.3% 3.2% 71.4% 0.3% 7.0% 64.3%... operating activities Net investments to maintain productive capacity and to secure competitiveness Free cash flow 1 Retrospectively adjusted based on IAS 7 © 2010 Holcim Ltd 16 Half- year results 2010 Financial debt, maturities and liquidity as of June 30, 2010 Maturity profile (CHF million) 1 Liquidity summary 5,000 Loans Current financial liabilities1: CHF 2,721 million Capital markets 4,000 Liquidity II . © 2010 Holcim Ltd Phu My Bridge, Vietnam Half- year results 2010 1 Half- year results 2010 © 2010 Holcim Ltd Key financial figures 2009 2009 2010 LFL CIS FX Total Sales. 5.0% 1 Weighted by net sales 6M 2010 2 Weighted by net sales full year 2009 7 Half- year results 2010 © 2010 Holcim Ltd 10,902 10,082 12,434 6M 2008 6M 2009 6M 2010 Like-for-Like (LFL) 1,051 8.2%. 16.0% Total 1.0% 4.1% 3.3% 8.4% 14 Half- year results 2010 © 2010 Holcim Ltd 611 787 1,338 331 527 1,066 6M 2008 6M 2009 6M 2010 Net income Net income - shareholders of Holcim Ltd -41.2% -56.0% -37.2% -53.2% -22.4% -50.6% 1 Net

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