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অপরাজেয় বাংলা :: Aparajeo Bangla

LafargeHolcim BD registers staggering 98% growth

News Desk

১৬:৪৯, ২২ এপ্রিল ২০২১

১২৬

LafargeHolcim BD registers staggering 98% growth

LafargeHolcim
LafargeHolcim

●    Net Sales growth of 23% supported by launch of the new products and the new aggregate business
●    Operating EBIT increases by stunning 105% with 900 basis points margin improvement

Quotable

“We have continued the journey of strong performance with clear focus on innovation and sustainability. Our new water repellent cement and the new business channel “direct to retail” have got off to a solid start.This is yet another manifest of our continued endeavour in serving our customers better by realizing their needs.”

- Mr Rajesh K Surana, CEO

We have also started producing clear size aggregates effective this quarter which is an import substitution& has potential of saving substantial foreign exchange for the nation. This is reassuring that we have started receiving positive response for this product from our customers, he added.

Performance
Net Sales during the Q1, 2021 has gone up to 6,318 m BDT resulting in 23% growth over the same quarter of the last year. Operating EBIT increases to 1,360m BDTdelivering 105% growth over the same quarter last year.

The companyrecently launched specialised water proof cement “Holcim Water Protect” which is first of its kind in the market and has started yielding incremental growth for the company. Strengthening the digital foot prints and improving customer reach aresome of the other initiativeshelping the company to be more effective and efficient in the marketplace.

Outlook
The Company has a strong positive outlook for the construction & building materials industry in the short to medium term. The government’s focus on sustained economic growth supported by policy reforms and investment in infrastructure projects shall continue to help improving the economic fundamentals.

Dutch-Bangla Bank
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