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Holcim
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  Investor Relations
Holcim Financial Targets
20051 2006 2007 Target
Operating EBITDA margin (%) for:
- Cementitious materials 31.4 32.6 32.6 33
- Aggregates 21.2 20.7 20.3 27
- Other building materials and services 7.5 6.0 7.0 8
ROE (%) 15.1 15.8 22.8 13-15
RONOA (%) 15.7 15.4 15.8 15-18
Net financial debt/EBITDA 2.8 2.0 1.5 < 2.8
Gearing (%) 89.1 68.6 58.7 80-100
Funds from operations / Net financial debt (%) 24.6 34.6 50.2 > 25
EBITDA net interest coverage 6.0 6.8 11.0 > 5
EBIT net interest coverage 4.3 5.0 8.5 > 3
Standard & Poor's Rating BBB+ BBB+ BBB+
Fitch Rating BBB+ BBB+ BBB+
1 adjusted in line with revised IFRS

Related information
Holcim Financial Targets
Credit ratings
Holcim Ltd N (registered share)
Contact
Investor Relations

Bernhard A. Fuchs
Head Investor Relations
Phone +41 58 858 86 62

Marco Knuchel
Phone +41 58 858 86 63


Holcim
Hagenholzstrasse 85

CH-8050 Zurich
Switzerland

Phone   +41 58 858 87 87
Fax   +41 58 858 80 09
E-mail
 
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