Tag: Cement Industry
Company In FOCUS| Lafarge Africa pursues ‘debottlenecking’ to stay competitive
Stock Rating: BUY
Price Target: N39.23
Price (31-AUG-2022): N25.00
Potential Upside / Downside: +56.9%
Tickers: WAPCO.NL / WAPCO.LG
FRI, 02 SEPT, 2022-theGBJournal| Having been usurped as the second...
Federal Government’s favourable conditions boost BUA Cement production by 300% –...
THUR, 26 MAY, 2022-theGBJournal| The Minister of Information and Culture, Alhaji Lai Mohammed, has said BUA Cement's massive increase in production, especially since 2015,...
Dangote Cement Plc issues N116bn Series 2 fixed rate Senior unsecured...
WED, 04 MAY, 2022-theGBJournal | Dangote Cement PLC, Sub-Saharan Africa’s largest cement producer, today announced the successful completion of its N116 billion Series 2...
BUA Cement delivers double-digit revenue growth of 22.9% y/y in 2021FY
THUR 31 MARCH, 2022-theGBJournal| BUA Cement published 2021FY audited financials at the close of business Tuesday, reporting PAT growth of 24.5% y/y to NGN90.08...
Analysis| The strange case of cement
TUE 22 MARCH, 2022-theGBJournal| Nigeria's listed cement companies together account for some 30.0% of the NGX Exchange All-Share Index, yet the cement industry itself...
Cement Sector 2022 Outlook| Frail industry conditions to subdue 2022E earnings
WED 29 DEC, 2021-theGBJournal- The earnings of cement players have been very impressive since Q3-21 when lockdown restrictions were eased.
‘’Heading into 2022, we...
Dangote Cement Plc grows revenue by 16.5% y/y in Q3-21, driven...
FRI 29 OCT, 2021-theGBJournal- On an annualized basis, Dangote Cement Plc's 9M-21 EPS is 33.3% ahead of the 2020FY EPS of NGN16.24 and 4.7%...
BUA Cement books double-digit growth in revenue in 9M-21, grows PAT...
WED 27 OCT, 2021-theGBJournal- BUA Cement published 9M-21 unaudited financials Tuesday, reporting PAT growth of 23.2% y/y to NGN65.91 billion while EPS printed NGN1.95...