BUA Cement

Year: 2021

BUA CEMENT DISSOCIATES SELF FROM PURPORTED INCREASE IN EX-FACTORY PRICES OF CEMENT

BUA Cement Plc, in the past two days, has been inundated with calls seeking clarification as to whether it is part of a purported price increase of 300Naira per bag. BUA Cement wishes to inform the public, its distributors, and stakeholders that it has not and does not intend to increase its price of cement …

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BUA CEMENT PLC REVENUES HIT N209.4BILLION IN FY2020 AUDITED RESULTS…

AS PROFIT AFTER TAX GROWS 19.4% TO N72.3BILLION March 30, 2021 Revenue increases by 19.3% to N4 billion from N175.5 billion, as at FY2019. Operating profit increases by 14.8% to N82 billion from N4 billion, as at FY2019. EBITDA rises by 18% to N8 billion from N82 billion, as at FY2019; with EBITDA margin resilient …

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BUA Cement Plc. declares FY2020 profits of N95billion

…as revenues rise by 19% to N209billion Lagos, 14 Feb., 2020. BUA Cement, Nigeria’s second largest cement company, has announced full year revenues of N209billion in its unaudited 2020 Full Year financial accounts representing an increase of 19% from the corresponding period in 2019. The company also announced a 16% increase in gross profits to …

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BUA CEMENT PLC SUCCESSFULLY COMPLETES ITS N115 BILLION SERIES 1, CORPORATE BOND ISSUE

…becomes Largest Corporate Bond ever Issued in the history of Nigeria’s Debt Capital Markets as offer for N100billion Series 1, 7 years Fixed Rate, Unsecured Bond Issue is oversubscribed by 37% Lagos, 30 Dec 2020. BUA Cement PLC, one of Africa’s largest cement companies, has announced that it has successfully concluded its N115billion Series 1 …

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