Q3 2018: Lafarge Africa records N72bn net sales

Lafarge Africa Plc has recorded net sales of N234 billion for the nine-month period and N72 billion for the third quarter of 2018. The financial statement for the period represented is a growth of five per cent over 2017 both versus the quarter and the nine months period. According to the company’s financial result submitted […]

Lafarge Africa gets shareholders’ nod on N90bn Rights Issue

Shareholders of Lafarge Africa Plc at the company’s extraordinary general meeting (EGM) held in Lagos approved the proposals by the Board to raise N90 billion via a Rights Issue and the restructuring of its outstanding short-term $315 million shareholder loans. Speaking at the EGM, Chairman of the Board of Directors of Lafarge Africa, Mr Mobolaji […]

Lafarge Africa reports N162bn half-year net sales

Lafarge Africa has posted net sales of N162 billion in the first half of 2018. Mr Michel Puchercos, the Chief Executive Officer of the company made this known in a statement in Lagos. He said that the figure represented an increase of five percent and 11 percent respectively, compared to the corresponding period of 2017. […]

Q1 Result: Lafarge Africa reports N2bn after tax loss

Lafarge Africa Plc has announced a loss after tax of N2 billion for the quarter ended March 31, 2018, compared with a profit after tax of N9.4 billion recorded in the corresponding period of 2017. The company’s unaudited results released to the Nigerian Stock Exchange (NSE) on Monday, showed that Lafarge recorded revenue of N80.6 […]