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Earnings Analysis: 
Lafarge Profit Up 49% on Sales
Author: 123jump.com Staff
123jump.com
Last Update: 2:13 PM EDT May 07 2008

The world’s largest cement maker Lafarge SA’s sales increased 8% to €4 billion from €3.6 billion last year thanks to cement sales which increased 16% to €2.5 billion leveraged by strong growth in emerging markets such as Central and Eastern Europe and Asia. Throughput from Egypt’s Orascom Construction, which was acquired in December for €8.8 million, also helped to boost revenues.

 

 

 
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