Holcim reported good first quarter results, with sales up 8% lfl and EBIT up 12% lfl (1% and 4% above consensus respectively). All markets grew organically, but Latin America was the main contributor with organic growth of 25% in sales and 11% in EBIT. For the full year, Holcim expects the growth trends to continue in all regions and has also revised its forecast upwards to 6% lfl sales growth (previously low single digits).