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

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.

“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.”