October 25, 2019 / 4:51 AM / a month ago

LafargeHolcim slightly more downbeat on Europe as Q3 sales dip

ZURICH, Oct 25 (Reuters) - LafargeHolcim said it was slightly less optimistic about its prospects in Europe and Africa as the world’s largest cement maker reported third-quarter sales and earnings broadly in line with analyst estimates.

The Swiss company said sales fell 3% to 7.14 billion Swiss francs ($7.19 billion), missing analyst forecasts for 7.21 billion, according to Refinitiv data.

Recurring operating profit before depreciation and amortisation rose 0.8% to 1.88 billion francs, ahead of forecasts for 1.81 billion francs.

$1 = 0.9926 Swiss francs Reporting by John Revill; Editing by Michael Shields

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