We have extracted the financial summary from the full year report of Lafarge Zambia listed on the Lusaka Securities Exchange under the share code LACZ.zm. Lafarge is a manufacturer and distributor aggregate products and cement for local and export building use
The following is an excerpt from the full year report:
The Zambian cement market underwent a strong recovery in 2018. The dry spell in January allowed many contractors to continue working without disruption in the first quarter, a period in which large construction firms typically undergo an industrial break.
The domestic cement market is estimated at approximately 2.1 million tonnes of cement, representing an average growth of 30% compared to 2017. Lafarge Zambia continues to be the industry leader, with a st