Lafarge Africa Plc. (WAPCO) recorded a stronger topline performance in Q1:2020 – a growth of 9.79% to NGN63.70bn (compared to the restated amount of NGN58.02bn in Q1:2019). While higher cement prices pushed revenue in the quarter, sales were supported by the resumption of construction activities at the start of the year and the suitable dry season in the first quarter (the prime period for construction activities).
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Earnings Update – WAPCO Q12020
