A new leader for a new world: LafargeÂé¶¹´«Ã½ 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

LafargeÂé¶¹´«Ã½ 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 Âé¶¹´«Ã½ and the listing of the new LafargeÂé¶¹´«Ã½ shares in Zurich and Paris, the new Group will now work towards creating the highest performing company in the building materials industry.

LafargeÂé¶¹´«Ã½ CEO Eric Olsen says: “Now as LafargeÂé¶¹´«Ã½, we will step into the next phase of our transformation to become the leader in every respect – 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.â€

LafargeÂé¶¹´«Ã½â€™s new ambition supported by five key focus areas

The company is initiating a strategic transformation by building on the best of both Lafarge and Âé¶¹´«Ã½. 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.

LafargeÂé¶¹´«Ã½ will be organized along a new operating model oriented to serve the local customers, while leveraging the Group’s 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 Âé¶¹´«Ã½ and Lafarge to be presented at the end of July
LafargeÂé¶¹´«Ã½ will present the financial results of Lafarge and Âé¶¹´«Ã½ 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 LafargeÂé¶¹´«Ã½
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. LafargeÂé¶¹´«Ã½ 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.

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