Lafarge Africa Plc reports N479.94bn revenue in 9 months, grows profit by 45.78%

Lafarge Africa Plc (WAPCO) on Monday published its Third Quarter report for the period ended 30 September 2024.

The Group reported revenue of N479.94 billion for the 9 months period, up by 66.02% from N289.08 billion reported the previous year.

Profit after tax of N57.298 billion was achieved for the 9 months period, up by 45.78% from N39.305 billion.

Earnings per share of Lafarge stands at N3.56

At the share price of N68, the P/E ratio of Lafarge Africa stands at 19.12x with earnings yield of 5.23%.

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