Lafarge Africa Crosses ₦1trn Revenue Mark, Delivers 170% Surge in 2025 Profit
By Auwal Umar
Lafarge Africa Plc has posted a historic financial performance for the 2025 financial year, crossing the ₦1 trillion revenue mark for the first time as profit figures surged sharply on the back of operational efficiency and strong market demand.
The cement manufacturer reported revenue of ₦1.1 trillion, representing a 53 per cent increase from the ₦696.8 billion recorded in 2024. The milestone underscores the company’s growing footprint in Nigeria’s building and construction sector.
Profit Before Tax climbed by 170 per cent to ₦411 billion, while Profit After Tax rose significantly from ₦100.1 billion in 2024 to ₦273 billion in 2025 — a 173 per cent leap.
Operating profit also strengthened, rising from ₦193 billion to ₦392 billion, driven by strong revenue growth and sustained cost-efficiency measures. Earnings per share increased from ₦6.22 to ₦17, reflecting improved returns to shareholders.
The company attributed the strong performance to higher sales volumes, disciplined cost optimisation, improved plant reliability, enhanced distribution networks, retail expansion and prudent financial management.
Speaking on the results, the Chief Executive Officer, Lolu Alade-Akinyemi, described 2025 as a defining year for the company.
“Our full-year results demonstrate the strength of our four-point strategy and disciplined execution. Crossing the ₦1 trillion net sales threshold represents a historic achievement for Lafarge Africa. The substantial growth in operating profit and profit after tax reflects our focus on operational excellence, efficiency and long-term value creation,” he said.
Alade-Akinyemi expressed optimism about the company’s outlook for 2026, noting that collaboration with Huaxin would further strengthen industrial capacity and market positioning.
“We remain prudent in capital allocation and cost management, while strategically positioning the business to take advantage of emerging opportunities. Our scale, resilience and strategic clarity provide a strong foundation for sustainable growth,” he added.
The CEO also thanked employees, customers, investors and other stakeholders for their continued support, noting that their partnership reinforces the company’s commitment to delivering consistent value.
As part of its growth drive, Lafarge Africa recently unveiled plans to expand its Ashaka cement plant in Gombe State and its Sagamu plant in Ogun State. Upon completion, the Ashaka plant’s capacity will rise to two million tonnes per annum, while Sagamu’s capacity will increase to 3.5 million tonnes annually. The expansions are expected to raise the company’s total installed production capacity to 14 million metric tonnes per annum.
Looking ahead, the company said its priorities for 2026 include improving capacity utilisation, deepening sustainability practices, strengthening value creation and maintaining industry-leading health and safety standards.
With its latest performance, Lafarge Africa has reinforced its position as a major player in Nigeria’s cement industry, setting a new benchmark for growth and profitability in the sector.
