Holcim Annual General Meeting of Shareholders 2013

2 April 2013
 

Holcim delivers earnings and capacity growth alongside 45% higher dividend payout

• 2012 dividend increased to Rp 80 per share, up 45%

• 27% higher earnings, 10% more production capacity

• Tuban plant ready in 2013

• Building Together – a sustainable growth theme

Jakarta, April 2nd 2013.  Today, shareholders’ approved a substantial dividend increase and the 2012 performance report of leading cement producer PT Holcim Indonesia Tbk.

 

At the annual general meeting of shareholders the company presented its 2012 annual report and accounts, together with a sustainable development review.  Eamon Ginley, President Director of Holcim Indonesia said, “I am pleased that we have been able to generate significant shareholder value in 2012, not only delivering record earnings, up 27% to Rp 1.3 trillion but also a final dividend of Rp 80 per share is an effective increase of 45% over the payout, a year ago.”  

 

Growth was a recurring theme at the meeting. Sales rose 20% to Rp 9 trillion based on a vibrant construction market, higher demand for housing, improved spending power and increases in commercial and infrastructure projects. The company delivered 14.7% higher sales volumes for 2012, reaching 8.6 million tonnes in the Indonesian domestic market, while boosting existing production capacity to reach 9.1 million tonnes in Indonesia. The new Tuban plant will add a further 1.7 million tonnes of capacity in 2013. In addition, in February 2013, Holcim announced a second kiln line (Tuban 2) of a further 1.7 million tonnes making a total of 3.4 million tonnes at the Tuban site by early 2015. The second line represents an investment of more than US$ 300 million, making the total investment in Tuban over US$800 million. In the space of just 4 years Holcim will have boosted production capacity by about 40% to 12.5 million tonnes per year in both existing plant improvements and a new state-of-the-art plant.

 

Eamon Ginley was quick to point out Holcim’s focus was on sustainable growth. “We look beyond the production of more cement, to the broader picture of generating sustainable solutions to market and customer needs,” he said. “In 2012 our logistics solutions included increased use of the Java rail network, new high speed packing facilities, more warehouses and supply silos as well as setting up new port facilities, such as north Bali – all of which help shorten the supply chain. We also use our products, such as fast setting SpeedCrete to keep highways open and in good repair – needing only a few hours, rather than days of roadwork.”

 

The company has contributed to higher educational standards and enabled a great example of sustainable construction  for the construction sector through sponsoring the design and project management of the Ecotech Campus. This is a low impact, energy efficient facility In Jababeka, opened last December in cooperation with ATMI, the Academy of Industrial Engineering. Under its Geocycle arm, Holcim had a successful year in providing waste management solutions resulting in an 11% increase in industrial waste handled to reach over 233,000 tonnes. This enabled energy recovery from 185,000 tonnes of processed waste, which reduces the consumption of coal, a non-renewable resource.  

 

Energy costs, as evident from the cost of fuel subsidies to the Government, remain a key issue, looking forward. Holcim, in its presentation to shareholders, highlighted work underway to save energy and costs through a regional collaborative programme “EARN- Energy Activation across Regional Networks” involving over 40 different Holcim cement plants in Asia Pacific and South Asia – bringing innovative ideas into Indonesia, on conserving electricity and fossil fuel use, and hence protecting against margin erosion from energy inflation.

 

Not least, in 2012 the Company has continued its CSR and Community Development activities as part of the sustainable growth theme “Building Together”, accenting self-help and community partnerships. A special programme marked the parent Holcim company’s centennial for 2012, “Together for Communities” in which employees worked side by side with local villagers in building roads, homes, sanitation facilities, repairing mosques and schools as well as planting mangroves and trees. A total of 13,905 hours were contributed voluntarily by 1800 Holcim Indonesia staff during this centennial program.

 

For more details and a soft copy of the company’s twin Annual and Sustainable Development Reports visit www.holcim.co.id 

  

About  PT Holcim Indonesia Tbk


PT Holcim Indonesia Tbk  (Holcim Indonesia) is a publicly listed company which its majority stake  (86.35%), is owned and managed by Swiss-based Holcim Group, one of the world’s largest cement companies with more than 85,000 employees and production capacity of more than 170 million tons of cement.

 

As one of the largest cement companies in Indonesia, PT Holcim Indonesia Tbk maintains integrated businesses of cement, ready-mix concrete, and aggregates production. The company operates three cement plants in Narogong-West Java,  Cilacap-Central Java, Tuban 1-East Java and a grinding facility in Ciwandan-Banten with total capacity of 11 million tons of cement and employs more than 2,500 employees.

 

PT Holcim Indonesia Tbk operates a domestic building material supply network, which covers special distributors, retailers, masons, and Solusi Rumah outlets – the outlet provides housing design service, building materials, building consultation, and financing access. All under one roof.

 

Further information please contact:

Rusli Setiawan Diah Sasanawati (Anna)
Relationship Management Director Corporate Communications Manager
PT Holcim Indonesia Tbk PT Holcim Indonesia Tbk
Mobile: 0811 860375 Telepon: +62 21 29861000 ext 8361
  Mobile: 0813 81818554
e-mail: rusli.setiawan@holcim.com e-mail: diah.sasanawati@holcim.com
website: www.holcim.co.id website: www.holcim.co.id