Lafarge Africa Plc has posted a landmark financial performance for the 2025 financial year, reporting Profit Before Tax of ₦411 billion alongside revenue of ₦1.1 trillion, underscoring one of the strongest earnings expansions in Nigeria’s industrial sector.
According to the company’s audited 2025 financial results, revenue climbed by 53 percent from ₦696.8 billion recorded in 2024, driven by strong cement demand, improved operational efficiency, wider retail penetration, and disciplined financial management across its nationwide operations.
The profit after tax surged to ₦273 billion in 2025, up from ₦100.1 billion in the previous year, reflecting a 173 percent growth. Operating profit also doubled to ₦392 billion, supported by volume-led sales growth, cost optimisation initiatives, improved plant stability, and more efficient distribution channels.
Earnings per share rose sharply to ₦17 in 2025 from ₦6.22 in 2024, highlighting the company’s improved profitability and value delivery to shareholders amid a challenging operating environment.
Commenting on the results, Lafarge Africa Chief Executive Officer, Lolu Alade-Akinyemi, described 2025 as a defining year for the company. He said the results validate the firm’s four-point strategic framework and its focus on operational excellence, noting that crossing the ₦1 trillion revenue threshold marked a historic milestone.
Looking ahead, the company has outlined a positive outlook for 2026, with priorities centred on improving capacity utilisation, embedding sustainability across operations, strengthening health and safety standards, and enhancing long-term value creation.
Lafarge Africa has also confirmed plans to expand its Ashaka cement plant in Gombe State and the Sagamu plant in Ogun State. Upon completion, the Ashaka facility is expected to reach 2 million tonnes per annum, while Sagamu’s capacity will rise to 3.5 million tonnes, lifting the company’s total installed capacity to 14.0 million metric tonnes annually.
The cement producer said it will continue to pursue volume growth opportunities across its markets while maintaining strict cost discipline, positioning the business for sustained growth and stronger shareholder returns in the years ahead.
