|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||48.40 - 48.75|
|52 Week Range||27.71 - 55.75|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.06 (4.24%)|
|Ex-Dividend Date||May 15, 2020|
|1y Target Est||N/A|
Regulatory News: (Paris:LHN)
LafargeHolcim <LHN.S> has decided to keep its $2.15 billion Philippines business after a deal to sell the operation collapsed, the world's biggest cement maker said on Monday. The agreement to sell four cement plants and one grinding plant to San Miguel Corporation <SMC.PS> fell apart after the Philippines Competition Authority (PCC) did not give approval in time. "With today's unprecedented global health crisis, the world has changed dramatically," LafargeHolcim said of its strategy switch.
LafargeHolcim ditched its profit forecast for 2020 and announced spending cuts to counter the downturn in construction caused by the coronavirus, the world's biggest cement maker said on Friday, adding it was not planning job cuts for now. The Swiss company said it was trimming capital expenditure by at least 400 million Swiss francs ($416.5 million) compared to 2019 and reducing fixed costs by at least 300 million francs. "In the current situation, hiring people is not the first priority, but there is not a hiring freeze."