February 29, 2024/US SEC The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on March 7 at 10 a.m. ET at the SEC Headquarters in Washington, D.C. The meeting will also be webcast on the SEC website. The committee will host two panels: Discussing the U.S. […]
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Lafarge Africa Plc FY 2023: A Resilient Performance
February 29, 2024/CSL Research In its recently released FY 2023 results, Lafarge Africa reported an 8.6% y/y Revenue growth to N405.50bn in FY 2023 from N373.25bn in the prior period (FY 2022). Similarly, on a q/q basis, Revenue was up by 27.4% to N116.42bn in Q4 2023 from N91.40bn in […]
Lafarge Africa Plc 2023FY: Earnings Growth Undermined by Higher FX Losses and Tax Expense
February 29, 2024/Cordros Report Lafarge Africa Plc (WAPCO) released its 2023FY audited financials today, reporting an EPS of NGN3.17 (2022FY: NGN3.33). The decline in the company’s EPS is attributable to the higher net FX losses (+84.0% y/y) and tax payments (+83.6% y/y) for the year, majorly due to its expired […]
