Latest news with #HolcimGroup
Zawya
27-05-2025
- Business
- Zawya
Lafarge Egypt sponsors key sustainability and cement industry events by Industry Link
Cairo: Lafarge Egypt, a member of Holcim Group and a leading provider of innovative and sustainable building materials, proudly announces its sponsorship of two landmark industry events taking place in Cairo this June. The events are organized by Industry Link, a European company committed to hosting high-impact conferences, summits, and expositions that support the decarbonization of key industries particularly cement and construction. The two events will be held consecutively, starting with the Sustainability and ESG International Summit 2025 on June 2– 3, followed by the Cementitious Materials International Congress EMEA 2025 on June 3–4. This marks the first time such events will be held in Egypt and the wider region. These events will bring together a distinguished group of C-level executives, environmental specialists, industry leaders, and decision-makers to discuss the latest advancements in sustainable construction technologies and the integration of environmental, social, and governance (ESG) practices within the sector. Participants will get the chance to explore innovative solutions designed to reduce emissions and enhance profitability through a strategic emphasis on sustainability. Lafarge Egypt's sponsorship of these strategic events aligns with its mission to accelerate the green transition in the construction sector and scale up sustainable solutions both locally and globally. The company continues to integrate sustainability principles across its value chain, supporting Egypt's Vision 2030 and global climate goals. By supporting these conferences, Lafarge Egypt underscores its role as a catalyst for sustainable transformation. The events will bring together industry leaders, policymakers, and stakeholders to explore low-carbon construction, ESG practices, and scalable sustainability solutions, further advancing Egypt's construction sector competitiveness and promoting a more resilient, environmentally responsible industry. Lafarge Egypt is at the forefront of environmental sustainability, with a clear commitment to reducing its carbon emissions by 50% and transitioning 98% of its product portfolio to green cement. This is being achieved through innovative solutions such as ECOPlanet and ECOPact. Further solidifying its leadership in circular economy practices, the company has successfully replaced 33% of its fossil fuel consumption with alternative fuels, integrated waste-to-energy systems, and operates a fleet of 100 eco-friendly waste collection trucks on a daily basis. Together with Industry Link, Lafarge Egypt supports this crucial dialogue on sustainability and seeks to inspire actionable solutions that will contribute to building a more resilient and environmentally responsible construction sector.
Zawya
30-04-2025
- Business
- Zawya
Nigeria: Lafarge Africa reiterates commitment to sustainable growth
Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of a range of cement brands, has reiterated its commitment to sustainable growth. At the 66th Annual General Meeting (AGM) of the company in Lagos, the Chairman of Lafarge Africa Plc, Gbenga Oyebode MFR, stated that the success recorded in the 2024 financial year reflects the shared vision and trust of the company's shareholders. 'Today's AGM reflects the strength of our shared vision and the trust of our shareholders. Our remarkable performance amidst economic headwinds underscores our commitment to excellence and sustainable growth. We are well positioned to drive sustainable growth, empower communities, and shape Nigeria's infrastructure for generations to come,' he said. The AGM, attended by shareholders, board members, and stakeholders, reviewed the company's exceptional 2024 financial results and set the stage for accelerated growth. In the 2024 financial results released in February, Lafarge Africa announced a remarkable revenue of N696.76 billion for the 2024 financial year. The growth in revenue represents an increase of 72 per cent from N405.50 billion recorded in 2023. Operating profit grew by 89 per cent from N102 billion in 2023 to N193 billion in 2024, while profit after tax surged to N100 billion from N51 billion, representing an increase of 96 per cent over 2023. During the AGM, shareholders approved a final dividend of N1.20 kobo per share, reinforcing the company's commitment to delivering value. The recent agreement by Holcim Group to sell its 83.81 per cent stake in Lafarge Africa to Huaxin Cement Ltd was also acknowledged, marking a pivotal step towards future expansion and innovation. Also speaking at the AGM, the Group Managing Director/Chief Executive Officer of Lafarge Africa Plc, Lolu Alade-Akinyemi, stated, 'Our 66th AGM celebrates a year of remarkable achievements spurred by innovation and sustainability. Achieving 76 per cent revenue growth in the face of economic challenges attests to our dedication and strategic focus. We remain committed to innovation, sustainability, operational excellence, and delivering superior value to our stakeholders.' Mr Eric Akinduro, Chairman of the Ibadan Zone Shareholders' Association, ratifying the outcome of the AGM, remarked: 'This is indeed a remarkable time for the shareholders of Lafarge Africa Plc, owing to the commitment, discipline, dedication, and professionalism demonstrated by the leadership of the organisation. The profit declared demonstrates that Nigerians can achieve excellence when given an enabling environment. With the current trajectory, I am confident that the company's financial performance will continue to improve year after year.' Lafarge Africa continues to prioritise sustainable practices, with initiatives aimed at reducing carbon emissions and accelerating green growth. This is highlighted by the company's adoption of calcined clay in cement production, eco-friendly products, and the expansion of its green logistics framework. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
