Lafarge Africa traded at 224.00 this Thursday March 26th, decreasing 3.50 or 1.54 percent since the previous trading session. Looking back, over the last four weeks, Lafarge Africa lost 12.00 percent. Over the last 12 months, its price rose by 203.52 percent. Looking ahead, we forecast Lafarge Africa to be priced at 222.86 by the end of this quarter and at 209.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lafarge Africa Plc is a building materials company. The Company's segments include Nigeria and South Africa. Its subsidiaries include Lafrage Ready Mix Nigeria Limited, AshkaCem Plc, Atlas Cement Company Limited, LSAH, The United Cement Company of Nigeria Ltd (UniCem) and Egyptian Cement Holdings (ECH). Lafrage Ready Mix Nigeria Limited is in the business of producing ready mix concrete for the construction industry. The Company, through its Lafrage Ready Mix Nigeria Limited operations with eight batching plants, is producing concrete and aggregates solutions from its various locations in Nigeria. LSAH is a holding company. AshakaCem Plc is a cement manufacturing company. UniCem is a cement manufacturer and supplier of cement. UniCem has a production capacity of 2.5 million tons. WAPCO Operations is the South-West operations of Lafarge Africa Plc. The product portfolio includes five products, such as Elephant Cement, Supaset Cement, Powermax, Etex and Sulfate Resistant Cement (SRC).