Lafarge Africa revenue hits record N1.1trn in 2025

Lafarge Africa Plc has announced a landmark financial performance for the year ended December 31, 2025, crossing the N1 trillion revenue threshold for the first time in its history.

In a statement released on Thursday and signed by the Head of Corporate Communications, Ginikanwa Frank-Durugbor, the cement giant revealed that its revenue surged by 53 per cent, rising from N696.8 billion in 2024 to a record N1.1 trillion in 2025.

The financial statement posted by NGX indicated that the company’s profitability saw even more explosive growth, with profit before tax rising 170 per cent to N411.3 billion. Profit after tax followed a similar trajectory, jumping 173 per cent to reach N273 billion, compared to N100.1 billion in the previous year.

Commenting on the historic results, Lafarge Africa CEO, Lolu Alade-Akinyemi, described 2025 as a transformative year for the organisation.

“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,” Alade-Akinyemi stated.

He further attributed the bottom-line success to a surge in operational efficiency, noting:

“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.”

The 2025 fiscal year was characterised by significant gains across all major financial metrics, driven by volume-led growth and aggressive cost optimisation.

Following the acquisition of a majority stake by Huaxin Building Materials Group, Lafarge Africa has announced plans to expand its Ashakacem plant in Gombe State and Sagamu plant in Ogun State.

Upon completion, these projects will bring the company’s total annual production capacity to 14.0 million metric tonnes (MMT).

“Looking forward, with Huaxin’s collaboration and industrial expertise, we are excited about the year 2026 and the opportunities ahead,” Alade-Akinyemi added. “Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.”

The CEO concluded by reaffirming the company’s commitment to its “green growth” agenda, stating:

“Lafarge Africa Plc will continue to explore the volume opportunities in our markets, while sustaining prudent cost optimisation. Our sustainability-driven growth model remains at the core of our long-term value creation strategy.”

In addition to the earnings report, the Board of Directors has proposed a final dividend of 600 kobo (₦6.00) per share, a significant increase from the 120 kobo paid in the previous year, reflecting the company’s robust cash position and commitment to rewarding investors.