Lafarge expects to generate an annual turnover increase between 8.0 pct and 10 pct in middle term, the company’s managing director Bernard Kasriel said at the general shareholders’ meeting on May 25, 2004. After a difficult 2003 for the company, marked by the Iraq crisis, the challenging conditions, and two price wars for some of its products in the USA, the company should gather the fruits of the economic revival and generate a sustained operating profit increase, Kasriel added.
