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Lafarge Africa hits ₦1.1tn revenue milestone in 2025

Lafarge Africa Plc has reached a historic financial milestone by exceeding the N1 trillion revenue mark for the first time in its history for the fiscal year ending December 31, 2025.

In a statement issued Thursday and signed by Ginikanwa Frank-Durugbor, Head of Corporate Communications, the cement maker recorded a 53% rise in revenue. The revenue increased from N696.8 billion in 2024 to a record N1.1 trillion in 2025.

Financial numbers published on the Nigerian Exchange Group revealed even more rapid development in profitability. Profit before tax increased by 170% to N411.3 billion. Profit after tax climbed by 173 percent to N273 billion, from N100.1 billion the previous year.
Lafarge Africa CEO, Lolu Alade-Akinyemi, described 2025 as a transformative year for the company.

"Our full-year 2025 results demonstrate the effectiveness of our four-point plan, disciplined execution, and unrelenting focus on value generation. Alade-Akinyemi remarked that reaching ₦1 trillion Net Sales, a 53% year-on-year growth, is a historic turning point for the company.

He emphasised the importance of greater operational efficiency in achieving good bottom-line results.

"Our operating profit increased by 103% to ₦392 billion, demonstrating exceptional performance." This 173% increase in Profit After Tax is the direct outcome of our emphasis on plant reliability, operational efficiency, and shareholder value."

The 2025 financial year recorded substantial improvements across key performance indicators. These gains were supported by volume-driven expansion and rigorous cost management initiatives.

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

Once completed, these upgrades will increase the company’s total annual production capacity to 14.0 million metric tonnes.

“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 emphasised the company's commitment to its sustainability goals.

"Lafarge Africa Plc will continue to pursue volume opportunities in our markets while maintaining prudent cost optimisation." Our sustainability-driven growth model remains essential to our long-term value development approach."

In addition to the good financial performance, the Board of Directors has recommended a final dividend of 600 kobo (₦6.00) per share. This marks a significant increase over the previous year's dividend of 120 kobo. The plan demonstrates the company's strong financial reserves and commitment to provide shareholder rewards.

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