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Nairametrics
Home Markets Equities Company Results

2020 FY Results: Lafarge Africa Plc posts a profit of N30.8 billion.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 24, 2021
in Company Results, Markets
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Lafarge Africa Plc released its full-year results for the period ended 31st December 2020.

  • Revenue for the year was N230.57 billion. (+8.3% YoY)
  • The cost of sales was N163.3 billion. (+4% YoY)
  • Operating profit was N45.67 billion. (+31% YoY)
  • Profit for the year was N30.8 billion. (-73.2% YoY)
  • Earnings per share of N1.91 vs N7.15 YoY.
  • A dividend of N1 was announced

See link to results.


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Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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Comments 0

  1. Ismail Salami says:
    March 24, 2021 at 2:02 pm

    Please check the profit variance vs. LY again.
    It is 99% above LY.

    EPS is 191k vs. 96 (2019)

    Reply

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