Morocco: Lafarge repositions, aims for additional MAD 500mn profit

The Moroccan branch of French construction materials group Lafarge is looking to transform itself into a supplier of innovative construction solutions and has set an objective of an additional MAD 500 million (€44.57 million) profit by the end of 2015. The group has also implemented a new signature, Constructing Better Towns, and has carried out studies on 1,000 individual homebuilders to identify their needs. Having established greater clarity and product advice as the main issues, the company has now a
Quarry Products / June 17, 2014

The Moroccan branch of French construction materials group 725 Lafarge is looking to transform itself into a supplier of innovative construction solutions and has set an objective of an additional MAD 500 million (€44.57 million) profit by the end of 2015. The group has also implemented a new signature, Constructing Better Towns, and has carried out studies on 1,000 individual homebuilders to identify their needs.

Having established greater clarity and product advice as the main issues, the company has now announced a new range of bagged cement and gypsum products for these builders.

Self-construction represents two-thirds of homes in Morocco. Lafarge, which is also set to launch its first building systems development laboratory in Bouskoura by the end of 2014, is looking to either maintain its market share or to see a one point rise for the year.

For more information on companies in this article
Lafarge
boombox1
boombox2
boombox3
miniboombox1
miniboombox2