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Lafarge Africa’s sales rise as profit drops
Nigeria: LafargeHolcim subsidiary Lafarge Africa recorded sales worth US$412m in the first nine months of 2020, up by 13% year-on-year from US$365m in the corresponding period of 2019. Its profit for the period was US$68.8m, down by 1% from US$69.6m. Chief executive officer Khaled El Dokani said that the company proved resilient to the impacts of the Covid-19 outbreak at the start of the period due to its “turnaround and cost-reduction strategy, and the divestment of the South African business.” /Global Cement
UAECEMENT.COM - Nov, 04,2020



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