Summary of Group region performance

In the period under review, consolidated cement volumes in Asia Pacific increased by 0.8 percent to 123.1 million tonnes as higher deliveries in the Philippines, Indonesia, and Vietnam offset declines in China and India. Aggregates shipments rose 1.8 percent to 34.8 million tonnes, while ready-mix concrete volumes were steady at 15.9 million cubic meters. Here, volume decreases in Australia and Indonesia were offset by particularly strong results at ACC in India. Adjusted for currency effects, net sales declined by 1.7 percent to CHF 9,048 million with improvements in the Philippines, South Korea, Vietnam, and Sri Lanka offsetting declines in markets such as Australia, China, and India. Operating EBITDA at constant exchange rates was down 10.6 percent to CHF 1,486 million. The strongest positive results were recorded in the Philippines, Vietnam, and South Korea. Adjusted for merger, restructuring and other one-offs, operating EBITDA at constant exchange rates was down 8.6 percent, and down 2.1 percent excluding China.

Asia Pacific – Pro forma information

 

 

2015

2014

±%

±% like-for-like

1

Excluding merger, restructuring and other one-offs.

Sales of cement

million t

123.1

122.2

0.8

0.8

Sales of aggregates

million t

34.8

34.2

1.8

1.8

Sales of ready-mix concrete

million m3

15.9

16.0

–0.2

–0.2

Net sales

million CHF

9,048

9,512

–4.9

–1.7

Operating EBITDA

million CHF

1,486

1,719

–13.5

–10.6

Operating EBITDA adjusted1

million CHF

1,565

1,769

–11.5

–8.6

Operating EBITDA margin

%

16.4

18.1

 

 

Operating EBITDA margin adjusted1

%

17.3

18.6