CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Cost cutting at Holcim

Published: 03 Oct 2013 - 12:06 am | Last Updated: 29 Jan 2022 - 07:36 pm

A general view of Switzerland’s Holcim cement production plant is pictured in Siggenthal. Chief Executive Bernard Fontana launched a cost-cutting programme with the aim of restoring Holcim’s return on invested capital to at least 8 percent after tax and boosting operating profit by at least $1.7bn by the end of 2014.