Lafarge - August 2014

Lafarge's 89 per cent-owned subsidiary Heracles General Cement Company has announced a 9.3 per cent increase in turnover to EUR123.4m for the first six months of 2014 and EBITDA loss was reduced from EUR118.5m to EUR4.1m. The net loss after tax declined from EUR108.8m to EUR17.5m. Heracles' cement volumes increased by 11.7 per cent during the period as domestic deliveries showed a strong recovery from very low levels.