By Bashir Hassan Abubakar
Lagos, Nigeria — Lafarge Africa Plc has recorded a landmark financial performance for the 2025 financial year, posting ₦1.1 trillion in revenue — a 53 per cent increase from ₦696.8 billion in 2024.
A press statement by Ginikanwa Frank-Durugbor, Head of Corporate Communications made available to our correspondent said that, Profit Before Tax (PBT) surged by 170 per cent to ₦411 billion, while Profit After Tax (PAT) rose sharply from ₦100.1 billion in 2024 to ₦273 billion, representing a 173 per cent increase. Operating profit climbed to ₦392 billion from ₦193 billion in the previous year, driven by strong top-line growth and sustained cost-efficiency measures. Earnings per share also increased significantly from ₦6.22 to ₦17.
The company attributed the strong performance to volume-led growth, disciplined cost optimisation, improved plant reliability, enhanced distribution efficiency, retail expansion, and prudent financial management.
Commenting on the results, Chief Executive Officer, Lolu Alade-Akinyemi, described 2025 as a historic year for the company. He said surpassing the ₦1 trillion revenue threshold marked a major milestone and reflected the success of its four-point strategic agenda focused on operational excellence and value creation.
He expressed optimism about 2026, citing anticipated collaboration with Huaxin and continued focus on capital discipline, operational scale, and market opportunities. According to him, the company remains committed to strengthening capacity utilisation, embedding sustainability across operations, and maintaining industry-leading health and safety standards.
As part of its expansion drive, Lafarge Africa recently announced plans to scale up operations at its Ashakacem Plant in Gombe State and Sagamu Plant in Ogun State. Upon completion, production capacity at Ashaka and Sagamu will increase to 2 million and 3.5 million metric tonnes per annum respectively, raising the company’s total installed capacity to 14 million metric tonnes annually.
The CEO thanked employees, customers, investors and other stakeholders for their continued support, reaffirming the company’s commitment to sustainable growth and long-term shareholder value.
