Lafarge Africa Plc has achieved a historic financial milestone by surpassing the N1 trillion revenue mark for the first time in its history for the year ended December 31, 2025.
In a statement released on Thursday and signed by the Head of Corporate Communications, Ginikanwa Frank-Durugbor, the cement manufacturer reported a 53 per cent increase in revenue. Revenue grew from N696.8 billion in 2024 to a record N1.1 trillion in 2025.
Financial figures posted on the Nigerian Exchange Group showed even stronger growth in profitability. Profit before tax rose by 170 per cent to N411.3 billion. Profit after tax increased by 173 per cent to N273 billion, compared to N100.1 billion in the previous year.
Lafarge Africa CEO, Lolu Alade-Akinyemi, described 2025 as a transformative year for the company.
“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 ₦1 trillion Net Sales threshold, a 53% year-on-year increase, marks a historic turning point for our Company,” Alade-Akinyemi stated.
He highlighted the role of improved operational efficiency in driving the strong bottom-line performance.
“With a 103% surge in Operating Profit to ₦392 billion, we have demonstrated exceptional operating excellence. This 173% growth in Profit After Tax is the direct result of our focus on plant reliability, operational efficiency, and commitment to shareholder value.”
The 2025 financial year recorded substantial improvements across key performance indicators. These gains were supported by volume-driven expansion and rigorous cost management initiatives.
Following the acquisition of a majority stake by Huaxin Building Materials Group, Lafarge Africa has outlined expansion plans for its Ashakacem plant in Gombe State and its Sagamu plant in Ogun State.
Once completed, these upgrades will increase the company’s total annual production capacity to 14.0 million metric tonnes.
“Looking forward, with Huaxin’s collaboration and industrial expertise, we are excited about the year 2026 and the opportunities ahead,” Alade-Akinyemi added. “Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.”
The CEO reaffirmed the company’s dedication to its sustainability objectives.
“Lafarge Africa Plc will continue to explore the volume opportunities in our markets, while sustaining prudent cost optimisation. Our sustainability-driven growth model remains at the core of our long-term value creation strategy.”
In addition to the strong earnings performance, the Board of Directors has recommended a final dividend of 600 kobo (₦6.00) per share. This represents a substantial rise from the 120 kobo dividend paid in the prior year. The proposal reflects the company’s solid cash reserves and its focus on delivering returns to shareholders.
