Lafarge Africa says 2014 pretax profit down 36 pct

Lafarge Africa, the Nigerian arm of world biggest cement

firm, Lafarge, said on Friday 2014 pretax profit fell 35.9 percent to 41.19 billion naira ($207 million).

Lafarge Africa said in a statement that turnover also dropped marginally to 205.84 billion naira from 206.07 billion naira a year earlier.

The firm proposed to pay a dividend of 3.6 naira per share, compared with 1.2 naira the previous year.