Key Highlights
- Lafarge Africa Plc achieved a revenue milestone of ₦1.1 trillion in 2025, marking a 53% increase from the ₦696.8 billion recorded in 2024.
- Profit After Tax (PAT) rose by 173% to ₦273 billion in 2025, compared to ₦100.1 billion in 2024.
- Operating profit more than doubled to ₦392 billion, up from ₦193 billion in 2024.
- Earnings per share increased from ₦6.22 in 2024 to ₦17 in 2025, representing a 173% increase.
- Expansion plans are underway at the Ashaka (2MTpa) and Sagamu (3.5MTpa) plants, boosting total capacity to 14MMTpa.
Lafarge Africa Plc, a prominent provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a landmark year in 2025, achieving a revenue milestone of ₦1.1 trillion. This represents a substantial 53% increase from the ₦696.8 billion recorded in the corresponding period of 2024.
Following a review of the results, the company recorded an increase in Profit After Tax (PAT), which rose from ₦100.1 billion in 2024 to a remarkable ₦273 billion, representing a 173% increase. This outstanding performance is underpinned by volume-led growth, disciplined cost optimization across operations, enhanced plant stability, improved distribution efficiency, retail expansion, and efficient financial management.
Operating profit increased significantly from ₦193 billion in 2024 to ₦392 billion, driven by strong top-line momentum and continued execution on cost and efficiency initiatives. Earnings per share also saw substantial growth, increasing from ₦6.22 in 2024 to ₦17 in 2025, representing an impressive 173% increase.
Commenting on the results, Lafarge Africa CEO, Lolu Alade-Akinyemi, said: “Our Full Year 2025 results are a testament of the effectiveness of our 4-point strategy, disciplined execution and relentless focus on value creation. Reaching the ₦1 trillion Net Sales threshold, a 53% year-on-year increase, marks a historic turning point for our Company. With a 103% surge in Operating Profit to ₦392 billion, we have demonstrated exceptional operating excellence. This 173% growth in Profit After Tax is the direct result of our focus on plant reliability, operational efficiency, and commitment to shareholder value.”
Alade-Akinyemi added: “Looking forward, with Huaxin’s collaboration and industrial expertise, we are excited about the year 2026 and the opportunities ahead. We maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalize on emerging market opportunities. Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.”
The CEO also expressed appreciation to the company’s employees, customers, stakeholders, and investors for their continued trust and support, reinforcing their commitment to delivering resilient performance and superior value creation.
Lafarge Africa has presented a robust and positive outlook for 2026, prioritizing improved capacity utilization, enhanced value creation, embedding sustainability across operations, and maintaining industry-leading health and safety performance.
The company's expansion plans include increasing the capacity of the Ashakacem Plant in Gombe State and the Sagamu Plant in Ogun State. Upon completion, the Ashaka and Sagamu Plants’ total capacity will be 2MT and 3.5MT per annum respectively, bringing Lafarge Africa's total capacity to 14.0MMT.
Lolu Alade- Akinyemi concluded that Lafarge Africa Plc will continue to explore volume opportunities in its markets while sustaining prudent cost optimization, with a sustainability-driven growth model at the core of its long-term value creation strategy.