April 24, 2017/NSE LAFARGE AFRICA released its Q1 2017 results today. Please find key highlights of the results below: · Revenue of N81.7bn up by +55.1% y/y · PBT of N9.45bn compared to c.-N2.2bn Loss before tax in Q1 2016 · Profit after tax of N5.16bn, as against c.-N1.87b Loss after […]
Investors Bite
Weekly Market Wrap-InvestmentOne Research
April 24, 2017/InvestmentOne Research Trade ideas for the week We remain positive on both quality Banking and cement stocks on continued elevated interest rate regime and potential for increased government capex spending. We continue to sell Consumer names on pressure on disposable income and limited FX supply for input materials. […]
Eric Olsen, CEO, to leave LafargeHolcim in July 2017
April 24,2017/LafargeHolcim Today the Board of Directors has accepted the resignation of Eric Olsen, CEO of LafargeHolcim. Eric Olsen will leave on 15 July 2017, two years after taking up the CEO role and assuming responsibility for successfully implementing the merger of Lafarge and Holcim. The Board of Directors wishes […]
