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Lafarge Africa reports a dramatic 96% rise in net profit, reaching ₦100.15 billion in 2024.
In 2024, Lafarge Africa saw a 96% jump in net profit to ₦100.15 billion, with revenue up 72% to ₦696.76 billion, driven by higher sales volumes and pricing.
Despite rising costs, the company's earnings per share surged 96% to ₦6.22, boosting its share price to ₦72.50 and market cap to ₦1.17 trillion.
Lafarge Africa attributes its success to operational efficiency and strategic initiatives, aiming for continued growth in 2025.
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Lafarge Africa reporta un espectacular aumento del 96% en el beneficio neto, alcanzando los 100,15 mil millones en 2024.