Lafarge Africa Plc has recorded a historic financial performance for the 2025 financial year, posting a revenue milestone of ₦1.1 trillion, a 53 per cent increase from ₦696.8 billion recorded in 2024.
The company also reported a significant rise in Profit Before Tax (PBT), which surged by 170 per cent to ₦411 billion in 2025. Profit After Tax (PAT) climbed from ₦100.1 billion in 2024 to ₦273 billion, representing a 173 per cent increase.
Lafarge Africa operates cement plants across key regions of Nigeria, including Ewekoro and Sagamu in Ogun State, Ashaka in Gombe State, and Mfamosing in Cross River State, alongside Ready-Mix operations in Lagos, Abuja and Port Harcourt.
The statement was contained in a press statement issued on Monday, by Ginikanwa Frank-Durugbor, Head, Corporate Communications, Lafarge Africa Plc.
Based on the statement operating profit grew from ₦193 billion in 2024 to ₦392 billion in 2025, driven by strong revenue growth and disciplined cost management. Earnings per share rose from ₦6.22 to ₦17, marking a 173 per cent increase year-on-year.
Commenting on the results, Chief Executive Officer of Lafarge Africa, Lolu Alade-Akinyemi, described the performance as a landmark achievement 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 ₦1 trillion net sales threshold, a 53 per cent year-on-year increase, marks a historic turning point for our company,” he said.
He added, “With a 103 per cent surge in operating profit to ₦392 billion, we have demonstrated exceptional operational excellence. The 173 per cent growth in Profit After Tax is the direct result of our focus on plant reliability, operational efficiency and commitment to shareholder value.”
Alade-Akinyemi expressed optimism about the company’s 2026 outlook, noting that strategic collaboration and operational discipline would further strengthen performance.
“Looking ahead, we maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalise on emerging market opportunities. Our resilience, operational scale and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value,” he stated.
The CEO also reaffirmed the company’s commitment to sustainability, improved capacity utilisation, and industry-leading health and safety standards.
As part of its growth strategy, Lafarge Africa recently announced plans to expand its Ashaka Cement Plant in Gombe State and its Sagamu Plant in Ogun State. Upon completion, Ashaka and Sagamu plants will reach capacities of 2 million tonnes and 3.5 million tonnes per annum respectively, bringing the company’s total production capacity to 14 million metric tonnes annually.
The statement expressed appreciation to its employees, customers, stakeholders and investors for their continued support.
