Lafarge Africa Plc has announced record-breaking financial performance for the 2025 financial year, posting revenue of N1.1 trillion and a 170 per cent surge in Profit Before Tax (PBT) to N411 billion.
The cement manufacturer disclosed in a statement released in Lagos on February 25, 2026, that its revenue rose by 53 per cent from N696.8 billion recorded in 2024 to N1.1 trillion in 2025.
Profit After Tax (PAT) also grew significantly, rising from N100.1 billion in 2024 to N273 billion in 2025, representing a 173 per cent increase.
The company attributed the performance to volume-led growth, disciplined cost optimisation, enhanced plant stability, improved distribution efficiency, retail expansion and prudent financial management.
Operating profit rose sharply from N193 billion in 2024 to N392 billion in 2025, driven by strong top-line growth and continued execution of cost and efficiency initiatives. Earnings per share increased from N6.22 to N17 within the same period, marking a 173 per cent jump.
Commenting on the results, the Chief Executive Officer, Lolu Alade-Akinyemi, described the performance as a historic turning point for the company.
“Our full year 2025 results are a testament to the effectiveness of our four-point strategy, disciplined execution and relentless focus on value creation. Reaching the N1 trillion net sales threshold, a 53 per cent year-on-year increase, marks a significant milestone for our company,” he said.
He added that the 103 per cent increase in operating profit to N392 billion underscored the company’s operating excellence, noting that the growth in profit after tax was driven by improved plant reliability, operational efficiency and commitment to shareholder value.
Looking ahead to 2026, Alade-Akinyemi expressed optimism about the company’s prospects, particularly with the collaboration of Huaxin, which he said would provide additional industrial expertise.
He noted that the company would maintain a prudent and agile approach to capital allocation and cost management while positioning itself to leverage emerging market opportunities.
The company also reaffirmed its commitment to improving capacity utilisation, embedding sustainability across operations and maintaining industry-leading health and safety standards.
As part of its expansion drive, Lafarge Africa recently announced plans to increase capacity at its Ashakacem plant in Gombe State and Sagamu plant in Ogun State. Upon completion, the Ashaka and Sagamu plants will have annual capacities of 2 million metric tonnes and 3.5 million metric tonnes respectively, bringing the company’s total installed capacity to 14 million metric tonnes per annum.
The CEO appreciated employees, customers, stakeholders and investors for their continued support, stating that their partnership reinforces the company’s commitment to delivering resilient performance and superior value creation.
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