Lafarge Africa reports N51.1 billion profits despite incurring N21 billion in FX losses
Despite this, Lafarge Africa produced one of the better results published by a manufacturing company in Nigeria in 2023.
Tag: lafarge africa
News and analysis about lafarge Africa
Naira devaluation: Foreign-owned subsidiaries accrue over N900 billion FX losses in 2023
The devaluation of the Naira in June 2023 caused quite a shock in the Nigerian business environment with many companies ...
Lafarge Africa defies exchange rate headwinds, post 29% growth in profits
Lafarge Africa reported its 2023 second-quarter results showing pre-tax profits grew by 29.02% year on year, reaching N32.787 billion.
ROUNDUP: Nigerian companies aim high in Q3 earning projections as BUA Cement prioritises expansion
It was another busy week for corporate Nigeria, characterised by Q3 earnings forecasts, dividend announcements, appointments, and even product launches.
Lafarge Africa reports N53.6 billion profit after tax for 2022
Lafarge Africa Plc has released its full-year 2022 results, reporting a profit after tax of N53.6 billion, marking a 5.18% ...
Cement companies report widespread foreign exchange losses
Three cement companies recorded N78.6 billion in foreign exchange losses between January and September 2022
Cement companies report N1.709 trillion revenue in 9 months amid operational headwinds
The 19.68% revenue growth was despite the cost pressures faced by the companies
Cement companies on NGX report N1.18 trillion in half year revenue amid operational headwinds
The cement firms include Dangote Cement Plc, BUA Cement Plc and Lafarge Africa Plc.
Lafarge Africa H1 2022 earnings contracts by 37% despite growing demand for cement
The marginal increase in prices of cement this year impacted positively on the revenue, thus the positive growth in gross ...
Cement war: Dangote, BUA, Lafarge rake in N2 trillion revenue in 2021
Dangote, BUA Cement, and Lafarge raked in a sum of N1.93 trillion revenue in 2021 as construction activities picked up ...
