Communication and Corporate Affairs Holcim Philippines, Inc.

Phone +63 2 459 3333

7th Floor , Venice Corporate Fax +63 2 459 4444
Center, 8 Turin Street www.holcim.com
McKinley Town Center,
Fort Bonifacio, Taguig 634
Philippines

Holcim Philippines records strong performance amid increased

competition
Holcim Philippines posted higher sales despite increased competition built on customer
loyalty in a period of strong construction activity.
Strong revenues and effective cost management efforts lifted the companys earnings.
Holcim Philippines increased cement production capacity and is introducing more
construction solutions from the LafargeHolcim Group to help the country build better.

Construction solutions provider Holcim Philippines, Inc. posted another strong financial
performance in 2016, amid increased competition from local players and imports attracted by
the countrys robust economy and strong building activity.

Holcim Philippines 2016 revenues grew by 7.5% to Php 40.3 billion from the previous year on
higher cement volumes and price.

With higher revenues and manufacturing and distribution excellence, operating EBITDA
increased by 14% to Php 10.8 billion from Php 9.5 billion a year ago.

Net income reached Php 6.8 billion compared with 2015s Php 8.1 billion, which benefited
from a one-time gain of Php 2.6 billion from the revaluation of Holcim Philippines investment
in an affiliate. Without the one-off item in 2015, profits were higher by 24% in 2016 on effective
management of manufacturing costs even as the company raised its cement production
capacity.

Holcim Philippines Chief Operating Officer Sapna Sood said:

Ensuring stable supply is critical in these times of high building activity. Last year, we
demonstrated our commitment to keep the market supplied by raising our production capacity
and leaning on our strong regional network. As a result, we showed our customers we are a
reliable partner which helped us compete even with the entry of new players.

Aside from raising our production capacity, we are well positioned to introduce more value-
adding construction solutions from the LafargeHolcim Group to help the country build better as
it embarks on more sophisticated construction projects.
About Holcim Philippines

Holcim Philippines, Inc. (Philippine Stock Exchange: HLCM) is one of the leading construction solution companies
in the country. The Company has a wide range of innovative construction solutions that help homeowners to large-
contractors in their building needs.

With cement manufacturing facilities in La Union, Bulacan, Misamis Oriental and Davao, mobile concrete ready-mix
facilities and an aggregates business backed by a strong nationwide network of dealers, Holcim Philippines is a
reliable partner of builders in the country. Holcim Philippines is also committed to the highest standards of
sustainable operations and manufacturing excellence with its plants certified under ISO 14001:2004
(Environmental Management System), ISO 9001:2008 (Quality Management System) and OHSAS 18001:2007
(Occupational Health and Safety Management System).

Strength. Performance. Passion.

Holcim Philippines is a member of the LafargeHolcim Group, the world leader in the building materials industry
present in 90 countries with over 100,000 employees.

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Contact:

Ritzi Villarico Ronquillo, APR

Head, Communication and Corporate Affairs
+6324593207
09178562558
nerissa.ronquillo@lafargeholcim.com

Don Gil Carreon

Media Relations and Financial Communications Officer
+6324593497
09178142589
dongil.carreon@lafargeholcim.com

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