Lafarge Africa Plc delivered a historic financial performance in 2025, with total revenue hitting N1.1 trillion — a 53 per cent increase from N696.8 billion in 2024. The company also reported a substantial rise in profitability, underscoring operational excellence and strategic execution across its cement and building materials operations.
The audited report and accounts for the year ended December 31, 2025, showed operating profit nearly doubled from N193 billion in 2024 to N392 billion. Net profit after tax soared by 173 per cent, rising from N100.1 billion to N273 billion, while earnings per share jumped from N6.22 to N17, reflecting the same percentage increase.
Volume-Led Growth and Operational Efficiency Drive Performance
Chief Executive Officer Lolu Alade-Akinyemi attributed the strong performance to a combination of volume-led growth, disciplined cost optimization, enhanced plant reliability, improved distribution efficiency, and retail expansion.
“Our full year 2025 results are a testament to the effectiveness of our four-point strategy, disciplined execution, and relentless focus on value creation,” Alade-Akinyemi said. “Reaching the N1 trillion net sales threshold marks a historic turning point for our company.”
He highlighted that operating profit growth of 103 per cent demonstrates the company’s operational excellence, while the 173 per cent increase in net profit reflects a disciplined focus on plant reliability, financial management, and shareholder value creation.
Strategic Outlook and Expansion Plans
Looking ahead, Alade-Akinyemi emphasized Lafarge Africa’s commitment to sustainable growth and capitalizing on emerging market opportunities. Collaboration with Huaxin, the company’s strategic partner, is expected to strengthen operational capabilities and industrial expertise in 2026.
The company recently announced expansion plans for its Ashaka Plant in Gombe State and Sagamu Plant in Ogun State, which will increase their capacities to 2 million tonnes and 3.5 million tonnes per annum, respectively. Upon completion, Lafarge Africa’s total production capacity will rise to 14 million tonnes per annum.
“Lafarge Africa will continue to explore volume opportunities while maintaining prudent cost optimization. Our sustainability-driven growth model remains central to long-term value creation, anchored by the disciplined execution of strategic priorities,” the CEO said.
Commitment to Stakeholders
Alade-Akinyemi expressed appreciation to the company’s employees, customers, stakeholders, and investors for their continued trust, highlighting that the 2025 results reflect collective effort and resilience in a competitive market.
With strong operational performance, strategic expansions, and a sustainability-focused approach, Lafarge Africa is positioning itself for continued growth and enhanced shareholder value in the years ahead.