Considerably improved financial performance

Operating profit in North America grew markedly by 58.3 percent to CHF 314 million based on the good performance of both US Group companies. Like-for-like operating profit growth reached 65.1 percent.

Holcim US reported significantly improved operating profit, reflecting higher volumes and successful implementation of price increases. The measures taken during the downturn now place Holcim US in a favorable position to benefit from the recovery in the United States. Aggregate Industries US also increased operating profit significantly thanks to both better prices across all segments and lines and higher sales volumes in aggregates and asphalt. Canada however had to record slightly lower operating profit than 2013.