Earnings release
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Media Release Zug | April 23 , 2021 ● ● ● Record start to the year Growth momentum continues , net sales up 7.4 % LFL Record quarter with increase of EBIT by 131 % LFL , significant margin increase in all regions Successful closing of Firestone Building Products acquisition Strengthening leadership in sustainability with confirmed A1 + rating by Vigeo Growth trends expected to accelerate in 2021 , Recurring EBIT growth of at least 10 % LFL Strategy 2022 targets to be achieved one year in advance Performance overview Group Q1 ( Million CHF ) Net sales Recurring EBIT 2021 5,362 528 4 LafargeHolcim 2020 5,293 262 Media Relations : media@lafargeholcim.com +41 ( 0 ) 58 858 87 10 + % 1.3 101.7 Jan Jenisch , CEO : " I am pleased to share that we are off to a strong start to the year , delivering record Q1 results , with net sales up 7.4 % and Recurring EBIT up 131 % . This continues our strong growth momentum of the last quarters , and we expect it to accelerate with the Firestone Building Products acquisition and the many government stimulus investments ahead . We are set to deliver the targets of Strategy 2022 one year in advance . Investor Relations : investor.relations@lafargeholcim.com +41 ( 0 ) 58 858 87 87 + % LfL 7.4 130.7 " The pandemic has emphasized for all of us the need to build back a better normal . We are fully committed to playing our part . For instance , in the US , we are ready to contribute to President Biden's American Jobs Plan , offering a once - in - a - generation opportunity to rebuild infrastructure , such as roads and bridges , in a more sustainable way , while making buildings more energy - efficient . With our sustainable building solutions , from Firestone's insulating roofing systems to our ECOPact green concrete , we are committed to deploying our technologies at scale to put climate action at the heart of the recovery . " I would like to sincerely thank everyone within LafargeHolcim for their continued resilience and agility throughout the pandemic . I'm extremely proud of how our teams are keeping our people and operations safe , while going above and beyond to stand by our communities . Our number one priority remains the health and safety of all . " 1/6