Holcim Croatia books first quarterly operating profit since 2009

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Croatia: Holcim's Croatian unit has recorded an operating profit in the first quarter of the year, for the first time since 2009. Holcim Croatia said that its revenues fell by Euro463,000 in the first three months of 2015 compared to the same period of 2014. However, the revenues were 10% above its plan.

In July 2014, Holcim Croatia's board chairman Alan Sisinacki said that the ongoing 2015 Plus Turnaround Programme should get the company back to profitability in 2015. However, the company said on 8 May 2015 that it is still not certain that it will turn to profit in 2015. Holcim Croatia cut its loss to Euro1.78m in 2014 from Euro6.34m in 2013.

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URL: https://www.globalcement.com/news/item/3601-holcim-croatia-books-first-quarterly-operating-profit-since-2009

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