Lafarge Africa Plc reported a revenue of N1.1 trillion for the 2025 financial year, marking a 53 per cent increase from N696.8 billion recorded in 2024. The cement manufacturer also posted a significant rise in profitability, with Profit After Tax climbing to N273 billion.
Financial results submitted to the Nigerian Exchange showed that profit after tax grew by 173 per cent, up from N100.1 billion in the previous year. Operating profit also expanded sharply to N392 billion in 2025, compared to N193 billion in 2024, reflecting sustained revenue growth and cost management measures.
Earnings per share rose to N17 in 2025 from N6.22 in 2024, representing a 173 per cent increase year-on-year. The company attributed the improved performance to higher sales volumes, cost optimization initiatives, stronger plant operations, improved distribution networks, retail market expansion, and effective financial management.
Chief Executive Officer, Lolu Alade-Akinyemi, said the results reflect disciplined execution of the company’s strategic priorities. He noted that surpassing the N1 trillion revenue mark represents a major milestone for the business.
He stated that the company’s focus on plant reliability and operational efficiency contributed significantly to the increase in operating profit and overall profitability.
Looking ahead to 2026, the CEO said Lafarge Africa plans to leverage industrial collaboration with Huaxin to strengthen its market position. He added that the company will continue to apply prudent capital allocation and cost management strategies while exploring growth opportunities in the market.
The 2025 performance reinforces Lafarge Africa’s position within Nigeria’s cement industry, supported by operational scale and sustained efficiency improvements.