Holcim increases earnings guidance after Q3 profit beats forecasts
Today 05:39
Holcim increases earnings guidance after Q3 profit beats forecasts ZURICH, Oct 23 (Reuters) - Holcim HOLN.S upgraded its full-year earnings guidance on Friday after the building materials company reported better-than-expected quarterly sales and profit.
The Swiss cement maker posted recurring operating profit rising 17% to 976 million Swiss francs ($1.19 billion) for the three months to the end of September, beating analyst forecasts for 949 million francs in a company gathered consensus.
($1 = 0.8209 Swiss francs)
(Reporting by John Revill
Editing by Ludwig Burger)((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))
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