- Lafarge Africa Plc achieved historic revenue of ₦1.1 trillion in 2025, up 53% from ₦696.8 billion in 2024, while profit after tax rose 173% to ₦273 billion
- CEO Lolu Alade-Akinyemi credited operational efficiency, plant reliability, cost optimisation, and a four-point strategy for the record-breaking performance
- Following Huaxin’s majority stake acquisition, the company planned expansions at Ashakacem and Sagamu plants, boosting annual production capacity to 14 million metric tonnes and declaring a ₦6.00 final dividend per share
Lafarge Africa Plc has announced a historic financial performance for the year ended December 31, 2025, crossing the ₦1 trillion revenue mark for the first time.
In a statement signed by Head of Corporate Communications, Ginikanwa Frank-Durugbor, the company reported revenue growth of 53%, rising from ₦696.8 billion in 2024 to ₦1.1 trillion in 2025. Profitability surged even more dramatically, with profit before tax increasing 170% to ₦411.3 billion, and profit after tax jumping 173% to ₦273 billion from ₦100.1 billion the previous year.
Commenting on the results, CEO Lolu Alade-Akinyemi described 2025 as a transformative year. “Our full-year results are a testament to the effectiveness of our 4-point strategy, disciplined execution, and relentless focus on value creation. Reaching the ₦1 trillion net sales threshold marks a historic turning point for our company,” he said.
The CEO attributed the growth to operational efficiency and plant reliability, noting a 103% surge in operating profit to ₦392 billion. He highlighted that the volume-led growth, cost optimisation measures, and strategic execution underpinned the company’s strong performance across all key metrics.
Following Huaxin Building Materials Group’s majority stake acquisition, Lafarge Africa plans to expand its Ashakacem plant in Gombe State and Sagamu plant in Ogun State. These expansions will increase the company’s total annual production capacity to 14 million metric tonnes (MMT).
Looking ahead, Alade-Akinyemi expressed optimism about 2026, emphasizing resilience, operational scale, and sustainability: “Our sustainability-driven growth model remains at the core of our long-term value creation strategy. We will continue to explore market opportunities while optimising costs and enhancing shareholder value.”
The Board of Directors has also proposed a final dividend of 600 kobo (₦6.00) per share, a significant increase from the 120 kobo paid in 2024, reflecting the company’s robust cash position and commitment to rewarding shareholders.
Lafarge Africa’s 2025 results underscore strong operational execution, strategic expansion plans, and a renewed focus on sustainable growth in Nigeria’s cement sector.