• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Companies Company News

Lafarge Nigeria To Save N9 Billion In Costs After Holcim Merger

Editor by Editor
October 23, 2015
in Company News
Lafarge Nigeria To Save N9 Billion In Costs After Holcim Merger
Share on FacebookShare on TwitterShare on Linkedin

Lafarge Africa expects to generate cost saving synergies of N9 billion ($46 million) over the next three years in Nigeria, after its parent firm agreed to merge its business with Holcim in a plan to create the world’s biggest cement maker, it said.

Switzerland’s Holcim and France’s Lafarge agreed terms for their plan to create the world’s top cement business in February.

“We should be able to achieve around 10 percent (savings) this year, the remaining is split to around 33 percent for next year, 33 percent in 2017 and the remaining by the first half of 2018,” Lafarge Africa Chief Finance Officer Anders Kristiansson told an analysts call, estimating 2015 savings at between 700 million to 900 million naira.

RelatedStories

Lafarge Africa expands ECOPlanet Portfolio with the launch of ECOPlanet Elephant 

Lafarge Africa expands ECOPlanet Portfolio with the launch of ECOPlanet Elephant 

June 30, 2025
Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%

Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%

April 24, 2025

Lafarge Africa also on Friday posted nine-month profit before tax of 33.67 billion naira, down from 38.09 billion naira last year.

 

 

 

 

Tags: lafarge africaManufacturingNews Review
Editor

Editor

Related Posts

Lafarge Africa expands ECOPlanet Portfolio with the launch of ECOPlanet Elephant 
Companies

Lafarge Africa expands ECOPlanet Portfolio with the launch of ECOPlanet Elephant 

June 30, 2025
Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%
Companies

Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%

April 24, 2025
AfreximBank approves $200 million finance facility to BUA Group for expansion projects 
Economy

Investment in manufacturing, Infrastructure will unlock Africa’s economic potential – Afreximbank 

March 21, 2025
Holcim to exit Nigeria sells major stake at Lafarge Africa to Huaxin Cement for $1bn 
Business

Holcim to exit Nigeria sells major stake at Lafarge Africa to Huaxin Cement for $1bn 

December 2, 2024
Lafarge
Company Results

Lafarge Africa shares surge over 31% in November following strong third-quarter results 

November 19, 2024
Nigeria’s industrial sector contracts for the ninth consecutive month in September- CBN report 
Business News

Nigeria’s industrial sector contracts for the ninth consecutive month in September- CBN report 

October 5, 2024
Next Post
[2014 FY RESULTS] Oando Just Posted One of The Biggest Losses On Record

[2014 FY RESULTS] Oando Just Posted One of The Biggest Losses On Record

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 
  • South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG
  • 15 things you don’t need to start a business in Nigeria 

Follow us on social media:

Recent News

Sterling Bank concludes core application migration, leads the way for African Banking

Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 

July 15, 2025
Doctors

South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics