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Lafarge Africa Plc has announced a historic revenue milestone of N1.07 trillion for the 2025 financial year, representing a 53 per cent surge from N696.8 billion recorded in 2024.
The company’s Profit After Tax (PAT) also saw exceptional growth, jumping 173 per cent to N273.12 billion, compared to N100.15 billion in the previous year. Following this strong performance, the management has proposed a final dividend of 600 kobo per unit of 50 kobo ordinary share.
Drivers of Outstanding Performance
According to the company, this outstanding performance was underpinned by:
– Volume-led growth
– Disciplined cost optimization across operations
– Enhanced plant stability
– Improved distribution efficiency
– Retail expansion
– Efficient financial management
Operating profit closed 2025 at N392.1 billion, a growth of 103 per cent from N193.01 billion in 2024, driven by strong top-line momentum and continued execution of cost and efficiency initiatives.
Earnings per share grew significantly from N6.22 in 2024 to N17 in 2025, representing a 173 per cent increase.
CEO: A Testament to Effective Strategy
Commenting on the landmark results, Lafarge Africa CEO, Lolu Alade-Akinyemi, said in a statement:
“Our Full Year 2025 results are a testament of the effectiveness of our 4-point strategy, disciplined execution and relentless focus on value creation. Reaching the N1 trillion Net Sales threshold, a 53 per cent year-on-year increase, marks a historic turning point for our Company.
“With a 103 per cent surge in Operating Profit to N392 billion, we have demonstrated exceptional operating excellence. This 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.”
Looking Ahead to 2026
Alade-Akinyemi expressed optimism about the year ahead, particularly with the collaboration and industrial expertise of Huaxin.
“Looking forward, with Huaxin’s collaboration and industrial expertise, we are excited about the year 2026 and the opportunities ahead. We maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalize 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 expressed appreciation to employees, customers, stakeholders, and investors for their continued trust, noting that their partnership reinforces the company’s commitment to delivering resilient performance and superior value creation.
Expansion Plans Underway
Lafarge Africa recently announced plans to expand its Ashakacem Plant in Gombe State and Sagamu Plant in Ogun State. Upon completion:
– Ashaka Plant capacity will increase to 2 million metric tonnes per annum
– Sagamu Plant capacity will rise to 3.5 million metric tonnes per annum
The expansions will bring Lafarge Africa’s total capacity to 14.0 million metric tonnes.
### Strategic Priorities for 2026
The CEO reaffirmed that the company’s priorities for 2026 are focused on:
– Improving capacity utilization
– Enhancing value creation
– Embedding sustainability across operations
– Maintaining industry-leading health and safety performance
“Lafarge Africa Plc will continue to explore the volume opportunities in our markets, while sustaining prudent cost optimization. Our sustainability-driven growth model remains at the core of our long-term value creation strategy, underpinned by the continued execution of our strategic priorities,” Alade-Akinyemi concluded.
