Results 2013: Net debt cut
The Lafarge Group has generated an additional €670 million in total through cost reductions and innovation activities. The level of net debt could be cut by €1 billion because of targeted measures taken for deleverage in the course of the year and amounted to €10.3 billion as per December 1, 2013. An additional €380 million has been secured since then. Cost reductions and innovations are to result in an additional EBITDA of €600 million and net debt is to be reduced to less than €9 billion.
Clearly more positive tendencies in the fourth quarter
„The fourth quarter clearly showed more positive...