Lafarge Africa’s quarterly profit surges 837%, shooting stock price to 52-week high
6 Articles
6 Articles
Lafarge Africa’s quarterly profit surges 837%, shooting stock price to 52-week high
The share price of Lafarge Africa hit its peak level in 52 weeks in Lagos, where the stock is quoted after the earnings release, joining four other stocks to lead gainers at market close. The post Lafarge Africa’s quarterly profit surges 837%, shooting stock price to 52-week high appeared first on Premium Times Nigeria.
Lafarge Africa delivers stunning Q1 performance with 80% revenue surge, 837% profit jump
Lafarge Africa Plc, one of Nigeria’s foremost building solutions providers, has posted a staggering 80% revenue growth in the first quarter of 2025, underlining its strategic resilience, operational efficiency, and strong market positioning amid macroeconomic headwinds. According to its unaudited financial results released on Thursday, the company recorded a revenue of ₦248.35 billion, up from …
Lafarge Earns N242.67bn From Sales Of Cement In Q1
Lafarge Africa Plc has recorded N242.67bn from sales of cement following the rising cost of cement in the country driven by inflation. This accounted for 97.7 per cent of the total sales revenue of N248.35bn for the first quarter of the 2025 financial year. The sales revenue represents an increase of 80 per cent from N137.77bn that was recorded in the corresponding period in 2024. The audited report revealed that the operating profit for the com…
Lafarge Africa records 837% profit growth to N48.64b in Q1 2025 - Worldstage
WorldStage Newsonline– Lafarge Africa Plc, leading manufacturer of a range of cement brands, has recorded a increase of 837 per cent in profit after tax to N48.64 billion for the first quarter of 2025 from N5.19 billion in corresponding period in 2024. The Chief Executive Officer, Lafarge Africa, Mr Lolu Alade-Akinyemi in a statement on Thursday said the revenue grew by 80 per cent to N248.35 billion when compared with N137.77 billion posted i…
Lafarge Africa Delivers Record Q1 Growth As Profit Surges 837% To N48.6 Billion
Lafarge Africa Plc has posted a net sales of N248.4 billion in the first quarter (Q1) of 2025, according to the company’s latest financial reports. This represents an 80 percent year-on-year increase when compared to N137.8 billion recorded in the same period last year. The strong revenue growth was attributed to improved production output, enhanced […] The post Lafarge Africa Delivers Record Q1 Growth as Profit Surges 837% to N48.6 Billion appe…
Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating profit improves 137%
Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of a range of cement brands, has recorded sales revenue of N248.35 billion for the first quarter of the 2025 financial year. The sales revenue represents an increase of 80% from N137.77billion that was recorded in the corresponding period in 2024. The […] The post Lafarge Africa delivers strong Q1 growth as sales revenue grew by 80%, operating pr…
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