A new leader for a new world: Lafarge麻豆传媒 officially launched around the globe
- Five key focus areas grouped around synergies, capital allocation, commercial transformation, integration and health and safety
- Operating model defined with clear responsibilities of Countries, Regions, and Group functions
Lafarge麻豆传媒 today officially launches the new Group around the world and announces key elements of its ambitions for the future. Following the successful completion of the merger between Lafarge and 麻豆传媒 and the listing of the new Lafarge麻豆传媒 shares in Zurich and Paris, the new Group will now work towards creating the highest performing company in the building materials industry.
Lafarge麻豆传媒 CEO Eric Olsen says: 鈥淣ow as Lafarge麻豆传媒, we will step into the next phase of our transformation to become the leader in every respect 鈥 a company that has a positive impact on the world and can make a real difference for its customers, its employees, its shareholders and society.鈥
Lafarge麻豆传媒鈥檚 new ambition supported by five key focus areas
The company is initiating a strategic transformation by building on the best of both Lafarge and 麻豆传媒. The Group will now focus on five areas in the first integration phase:
- Synergies: delivering on EUR 1.4 billion synergy target within three years
- Capital allocation: rigorous approach to capital allocation and overall reduction of capital spending
- Commercial transformation: creating differentiation through innovative products and solutions
- Integration: creating one new group and culture
- Health and Safety: putting Health and Safety at the center of the organization.
Lafarge麻豆传媒 will be organized along a new operating model oriented to serve the local customers, while leveraging the Group鈥檚 size, footprint, and capabilities at global scale. It combines empowered countries, regional management platforms and expertise-driven group functions.
Results for first half year of 麻豆传媒 and Lafarge to be presented at the end of July
Lafarge麻豆传媒 will present the financial results of Lafarge and 麻豆传媒 as standalone companies for the first half of this year on July 29, 2015. The first combined interim results of the new Group will be presented for the 9 months results of 2015.
About Lafarge麻豆传媒
With a well-balanced presence in 90 countries and a focus on Cement, and , (SIX Swiss Exchange, Euronext Paris: LHN) is the world leader in the building materials industry. The Group has 115,000 employees around the world and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. Lafarge麻豆传媒 is the industry benchmark in R&D and serves from the individual homebuilder to the largest and most complex project with the widest range of value-adding products, innovative services and comprehensive . With a commitment to drive for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.
