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    HLCM   PHY3232G1014

HOLCIM PHILIPPINES, INC.

(HLCM)
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Holcim Philippines Expands Building Solutions with Concrete Adhesive

10/04/2021 | 12:12am EDT

Holcim Philippines, Inc. continues to expand its product portfolio in line with its sustainability and innovation direction with the launch of a concrete block adhesive for building walls faster and with less material. Holcim AAC Block Adhesive is used for laying all types of AAC (autoclaved aerated concrete), bricks and various types cement blocks in the market. The adhesive is designed to durably bond blocks with optimum adhesive strength. It is made from cement, well-graded fillers, and specialized polymer. Holcim AAC Block Adhesive is part of the company's product offering for building better walls. Holcim Philippines developed the new material in response to the growing use of AAC blocks for wall building because of the ease in installing and plastering compared with conventional hollow blocks. With Holcim AAC Block Adhesive, builders may reduce mortar use for block laying by up to 75%. The new product also has high polymer content which leads to stronger bond between blocks and minimizes shrinkage cracking at joints. Furthermore, Holcim AAC Block Adhesive is factory-mixed ensuring a more consistent quality compared with mortars manually prepared at construction sites. Holcim AAC Block Adhesive is the third new building solution that Holcim Philippines has launched in 2021 after multipurpose mortar Holcim Multifix and water-repellent cement Holcim Aqua-X in January and April, respectively.


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Financials
Sales 2021 26 946 M 515 M 515 M
Net income 2021 2 564 M 49,0 M 49,0 M
Net Debt 2021 1 145 M 21,9 M 21,9 M
P/E ratio 2021 13,9x
Yield 2021 7,79%
Capitalization 34 454 M 659 M 658 M
EV / Sales 2020 1,80x
EV / Sales 2021 1,36x
Nbr of Employees 1 161
Free-Float 4,98%
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Holcim Philippines, Inc. Technical Analysis Chart | HLCM | PHY3232G1014 | MarketScreener
Income Statement Evolution
Managers and Directors
Horia-Ciprian Adrian President, Chief Executive Officer & Director
Eliana Nieto Sanchez Chief Financial Officer, Treasurer & Senior VP
Tomas I. Alcantara Chairman
Belinda E. Dugan Secretary, Compliance Officer & General Counsel
Thomas G. Aquino Independent Director
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