May 8, 2018/LafargeHolcim

 Good start to year with like-for-like Net Sales up 3.1% despite impact of adverse weather and fewer working days in Q1

 Recurring EBITDA 7.7% lower than Q1 2017 on like-for-like basis

 Full year 2018 targets confirmed

PERFORMANCE OVERVIEW Like-for-like Net Sales were up 3.1 percent to CHF 5,830 million driven by growth in cement volumes in Q1. Recurring EBITDA was down by 7.7 percent on a like-for-like basis, affected by the especially harsh winter in North America and Europe. Broadly, the underlying market trends seen at the end of 2017 continued into the first three months of 2018. Latin America continued its positive development with top and bottom line growth. In North America, the Group is well positioned to take advantage of good market conditions despite the effect of a particularly harsh winter. Strong performance in China and India contributed to growth in the Asia Pacific region. In contrast, Middle East Africa underperformed with challenging conditions in some markets. In Europe, where underlying demand was good, first quarter performance reflected adverse weather, fewer working days and higher maintenance activity in preparation for high season growth. Jan Jenisch, Group Chief Executive Officer of LafargeHolcim said: “Q1 was a good start to the year. The continued growth in the top line is encouraging and confirms the positive outlook for our businesses. Though the quarter was affected by several headwinds, we expect the strength of our portfolio and the benefits of our new strategy to become increasingly visible over the full year. That makes us confident we will deliver on our 2018 targets. “We are executing our Strategy 2022. Our new organization is getting us closer to our markets and we are making good headway on simplifying our business, a critical factor in the future success of LafargeHolcim.”

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