Lafarge Cement Zimbabwe hopes for 2016 profit

After recording a loss of US$1.9 million (€1.69 million) in 2015, Lafarge Cement Zimbabwe hopes to return to profitability in 2016. It is reported that Lafarge's sales volume for 2015 grew 2% year-on-year to US$61.55 million (€54.81 million).
May 3, 2016 Read time: 1 min

After recording a loss of US$1.9 million (€1.69 million) in 2015, 725 Lafarge Cement Zimbabwe hopes to return to profitability in 2016.

It is reported that Lafarge's sales volume for 2015 grew 2% year-on-year to US$61.55 million (€54.81 million).

Despite ongoing economic stress in the country, the company expects improved profitability largely driven by targeted strategic marketing initiatives and operational cost reduction measures.

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