Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company has released its first quarter result for 2022 with 92.18% rise in profit after tax for the period to N17.558 billion from N9.136 billion in Q1 2021.

Also revenue rose to N90.606 billion from N71.470 billion in Q1 2021.

Khaled El Dokani, CEO of Lafarge Africa, commented: “Our Q1 2022 performance shows significant improvement over Q1 2021, with net sales of +26.8%, recurring EBIT of +50.4% and net income of +92.2%.

“Coming after our very strong FY 2021 results, our Q1 2022 performance confirms the continued growth trajectory of our business. We are equally pleased with the progress we are making on sustainability; our use of affordable clean energy and agro-ecology footprint are in accordance with our net zero pledge journey.”