Lafarge Africa grows revenue 8.3% to N230.6bn in 2020

Lafarge Africa grows revenue 8.3% to N230.6bn in 2020

Lafarge Africa grows revenue 8.3% to N230.6bn in 2020   Lafarge Africa, a leading cement manufacturer in Africa has reported relatively weak revenue numbers for the full year 2020. The company grew its revenue by 8.3 per cent year on year to N230.6 billion, according to its released financial report for the year. The manufacturer reported that its n\et profit after tax climbed 98.8 per cent year on year to N30.8 billion in FY20 while its profit before tax doubled to N37.6 billion as a result of the 51.9 per cent decline…

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Lafarge earmarks $8m to environmental sustainability

Lafarge earmarks $8m to environmental sustainability     Lafarge Africa Plc, the Nigerian arm of the world’s leading Swiss building materials multinational, LafargeHolcim, recently committed a total of 5.3mCHF an equivalent of $5.77 million to change its current Electrostatic Precipitator (ESP) to baghouse in its Ewekoro plant. This entails making significant adjustments including the shutting down of its kilns for at least six months. Khaled El-Dokani, the CEO of Lafarge Africa Plc remarked: “At Lafarge Africa Plc, sustainability is at the core of our strategy and it transcends all that…

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