Lafarge Africa revenue hits N1.1trn, post-tax profit
Naija News • 3d ago
**Lafarge Africa Hits N1.1trn in Revenue, Records 173% Increase in Profit**
As the Nigerian construction and building materials sector continues to grow, Lafarge Africa Plc, a leading cement manufacturer, has announced a remarkable feat in its 2025 financial year. The company has raked in a whopping N1.1 trillion in revenue, representing a 53% surge from the N696.8 billion it recorded in the corresponding period of 2024.
This impressive performance is attributed to the company's focus on volume-led growth, cost optimization, and improved distribution efficiency. Lafarge Africa's operating profit also saw a significant increase, jumping from N193 billion in 2024 to N392 billion in 2025. This growth is underpinned by the company's relentless focus on value creation and its 4-point strategy, which has yielded exceptional results.
The company's profit after tax (PAT) also saw a remarkable 173% increase, rising from N100.1 billion in 2024 to N273 billion in 2025. Earnings per share grew from N6.22 in 2024 to N17 in 2025, representing a significant increase of 173%. This outstanding performance has been recognized by the company's CEO, Lolu Alade-Akinyemi, who attributed it to the company's disciplined execution and focus on value creation.
The CEO expressed his appreciation to the company's employees, customers, stakeholders, and investors for their continued trust and support. He also reaffirmed the company's commitment to delivering resilient performance and superior value creation, while prioritizing sustainability and top-notch industry-leading health and safety performance.
Looking ahead, Lafarge Africa is poised for even greater success, with plans to expand its Ashakacem Plant in Gombe State and the Sagamu Plant in Ogun State. These expansions are expected to enhance the company's capacity utilization and value creation, while also positioning it to capitalize on emerging market opportunities.
As the Nigerian construction sector continues to grow, Lafarge Africa's impressive performance is a testament to the company's resilience, operational scale, and strategic clarity. With its robust outlook for 2026, the company is well-positioned to maintain its leadership in the Nigerian cement market and deliver superior value to its shareholders.