Corporate Action
LAFARGE AFRICA PLC.-LAFARGE AFRICA PLC - 2026 AGM RESOLUTION
TAX IDENTIFICATION NUMBER (TIN): 01057508-001 DIRECTORS: Mr. Gbenga Oyebode MFR - (Chairman), Mr. Lolu Alade-Akinyemi - Group Managing Director/CEO, Mrs. Elenda Osima-Dokubo - Director, Mrs. Adenike Ogunlesi - Director, Mrs. Oyinkan Adewale, FCA – Director, Mrs. Olusola Oworu – Director, Mr. Xu Gang- Director, Mr. Wang Jiajun- Director, Mr. Chen Qian– Director, Mr. Wang Lagos, 5th May 2026 LAFARGE AFRICA PLC – 2026 AGM RESOLUTIONS At the 67th Annual General Meeting of Lafarge Africa Plc (the “Company”) held at the Grand Banquet
Corporate Action
LAFARGE AFRICA PLC.-PRESS RELEASE
• Lafarge Africa Plc (WAPCO) delivered strong Q1 2026 performance with 101% PAT growth, driven by enhanced output and operating efficiency. • Net Sales for Q1 2026 rose by 35% to N334.882 billion, Operating Profit increased by 97% to N141.268 billion, and Profit After Tax improved by 101% to N97.954 billion. • Operating margin increased by 13 percentage points to 42% in Q1 2026. • The company remains focused on driving supply reliability, cost leadership, innovation, and sustainability initiatives, while leveraging expertise from Huaxin Building Materials Ltd. • Expansion projects at Sagamu (3.5MTPA) and Ashaka (2MTPA) plants are progressing well and are expected to be delivered in Q1 2027. • Lafarge Africa Plc anticipates continued market expansion from Nigeria's infrastructure and construction sector demand, maintaining disciplined cost optimization and operational excellence.
Corporate Action
LAFARGE AFRICA PLC.-COMPLETION OF BOARD MEETING
Here's a summary of the corporate disclosure: • Lafarge Africa Plc (WAPCO) held a Board of Directors meeting on Wednesday, April 29, 2026. • The Board considered and approved the Company's Unaudited Financial Statements for the quarter ended March 31, 2026. • The Closed Period for trading in the Company's shares, which began on April 1, 2026, will continue until 24 hours after the Unaudited Financial Statements are released to the public. • This is in line with the Company's Insider Trading Policy and Nigerian Exchange Limited rules.
Financial Results
LAFARGE AFRICA PLC.- QUARTER 1 - FINANCIAL STATEMENT FOR 2026
FINANCIAL HIGHLIGHTS: • PAT: ₦97.954 billion (YoY growth of 101.37%) • EPS: ₦6.08 • Equity: ₦791.950 billion • Shares: 16,107.796 million KEY NOTES: • Revenue increased by 34.8% to ₦334.882 billion. • The company's free float value as at 31 March 2026 was ₦572.743 billion, compliant with The Exchange's free float requirements. • The transaction for the sale of Holcim's 83.81% stake in Lafarge Africa Plc to Huaxin Building Materials Group Co., Ltd. was approved by the FCCPC on 25 July 2025.
← All Disclosures