Lafarge Wapco

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Lafarge expansion to upset Dangote Cement plans?

Lafarge expansion to upset Dangote Cement plans?

Lafarge Wapco’s shareholders have approved the merger between the Nigerian unit of French cement maker Lafarge, Lafarge Wapco, and its wholly-owned South African subsidiary. The...

Lafarge to merge South Africa and Nigerian units

Lafarge to merge South Africa and Nigerian units

Lafarge has announced it is to consolidate its African operations by combining its businesses in Nigeria and South Africa. Lafarge will transfer its shares in its Nigerian and S...

Lafarge Wapco first-quarter pretax profit up 20%

Lafarge Wapco first-quarter pretax profit up 20%

Lafarge Wapco said on Monday its first-quarter pretax profit rose to NGN8.62bn (US$54m), up 20 per cent from NGN7.20bn in the same period of last year. Turnover at the Nigerian ...

Lafarge WAPCO pretax profit jumps

Lafarge WAPCO pretax profit jumps

Lafarge's WAPCO announced on Thursday that its 2013 full-year pretax profit rose 30.3 per cent to NGN27.7bn (US$168.3m). The Nigerian unit of the French cement major also said r...

Lafarge WAPCO's debt reduction plans

Lafarge WAPCO's debt reduction plans

Lafarge WAPCO plans to pay off a NGN6bn (US$40m) in local debt this year, according to reports by Reuters. The company owes about NGN28.4bn (US$180.43m) in total loans, of which...

Lafarge Nigeria pretax profits more than doubles

Lafarge Nigeria pretax profits more than doubles

Lafarge's Nigerian unit, WAPCO, said its full-year pretax profit more than doubled to NGN21.26bn (US$134.26m), compared with NGN10.34bn a year ago. Turnover also rose to NGN87.9...