2016 was the year we hit our stride and delivered accelerating earnings momentum, demonstrating the potential of LafargeHolcim to create value. Our focus on synergies, costs and pricing drove higher margins and, as a result, significant improvements in EBITDA, cash flow and earnings per share.
We have achieved a great deal since the creation of LafargeHolcim in July 2015 and have built a company equipped with the r esources and capabilities to be successful over the medium to long term. The diverse talents and experience of our 90,000 emplo yees around the world enable us to anticipate and meet our customers’ r equirements, whether that is affordable housing, building a family home or construction of a large and complex infrastructure project. This is supported by LafargeHolcim’s industry-leading capability in research and development which allows us to provide innovative solutions to existing and evolving construction needs.