Capital market information

The successful merger between Lafarge and Holcim in July of 2015 marked the beginning of a new chapter combining the two former companies to create LafargeHolcim, an industry leader with a best-in-class portfolio, ideally positioned to create substantial value for all stakeholders in the coming years. In 2015, a strong business performance in several markets like the United States, the United Kingdom, Mexico, and the Philippines was offset by substantial setbacks in Brazil, China, Russia, India, and Indonesia. The delivery of CHF 130 million of merger-related synergies in the second half of 2015 is a clear sign that LafargeHolcim is on the right track to achieving its targets.

Performance of LafargeHolcim shares versus Swiss Market Index (SMI) and the CAC40 (rebased)in CHF
Performance of LafargeHolcim shares versus Swiss Market Index (SMI) and the CAC40 (rebased) (line chart)Performance of LafargeHolcim shares versus Swiss Market Index (SMI) and the CAC40 (rebased) (line chart)

Equity markets remained volatile in 2015 as geopolitical tensions, a markedly weaker economic situation in many emerging markets, and the declining oil price depressed equity markets. This deteriorating macro-environment weighed heavily on industrial stocks and in particular on those with a large exposure to emerging markets or those with a significant client base in oil-related industries. LafargeHolcim’s share price reflected the deteriorating macro-environment through the year. While it performed in line with the Swiss Market Index (SMI) until the middle of the year, the increasing fears about the emerging markets led to a substantial price decline by the end of the year. The development against the CAC40 in France was largely similar. After a high of CHF 72.90 at the end of April, LafargeHolcim shares ended the year at CHF 50.30. The average trading volume in 2015 amounted to approximately 1.8 million shares per day on the SIX Swiss Exchange and 0.5 million shares on the Euronext.

Current rating (March 2016)

Rating Agency

Long-term rating

Short-term rating

Standard & Poor’s Ratings Services

BBB, outlook stable

A-2

Fitch Service

BBB, outlook stable

F2

Moody’s Investors Service

Baa2, outlook stable

P-2