Analyst: Abigail Alabi*Target price: ₦41.76Rating: BUYFX loss weighs on bottom lineIn Q3’23, volumes declined by 10.5% y/y, as there was a significant decrease in volumes across the cement industry due to the heavy rainfall in the review period. Nonetheless, a 22% increase in revenue per ton, caused an upswing in revenue by 46% y/y to…
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