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FILE PHOTO: The logo of LafargeHolcim, the largest cement manufacturer in the world, is visible at its headquarters in Zurich, Switzerland, on March 2, 2017. REUTERS / Arnd Wiegmann / File Photo
ZURICH (Reuters) – LafargeHolcim (LHN.S) more than doubled its net income in the first half of 2018, announced Wednesday the largest cement plant in the world, confirming its outlook for the year.
The Swiss company increased its first-half profit before interest, taxes, depreciation and amortization by 11% at constant scope and exchange rates to 2.66 billion Swiss francs ($ 2.69 billion).
In the second quarter, this figure increased by 7.1% to 1.85 billion francs, slightly higher than the 1.83 billion expected by badysts. Net profit for the first half of the year was CHF 780 million compared with CHF 371 million a year earlier.
Reportage of John Revill; Edited by Thomas Seythal
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