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Lafarge Africa 2014 pretax profit down 36%

16 March 2015

Lafarge Africa, the Nigerian arm of world biggest cement firm, Lafarge, said on Friday that 2014 pretax profit fell 35.9% to 41.19 billion naira ($207 million).

Lafarge Africa said in a statement that turnover also dropped marginally to 205.84 billion naira from 206.07 billion naira a year earlier. The firm proposed paying a dividend of 3.6 naira per share, compared with 1.2 naira the previous year.
($1 = 199.4500 naira)

 

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