Lafarge Africa Hits Record N1.1 Trillion Revenue in 2025
Lafarge Africa Plc has recorded a historic financial performance, crossing the N1 trillion revenue mark for the first time. The cement manufacturing giant achieved this major milestone during the financial year that ended on December 31, 2025.
In a statement released on Thursday by the Head of Corporate Communications, Ginikanwa Frank-Durugbor, the company announced that its revenue increased by 53 percent. The figures jumped from N696.8 billion in 2024 to a record N1.1 trillion in 2025.
The financial statement published on the Nigerian Exchange Group (NGX) showed massive growth in profitability. The company’s profit before tax increased by 170 percent to N411.3 billion. The profit after tax also experienced a massive boost, rising by 173 percent to N273 billion, compared to the N100.1 billion recorded in the previous year.
The Chief Executive Officer of Lafarge Africa, Lolu Alade-Akinyemi, described the 2025 financial year as a transformative period 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 also explained the reasons behind the impressive financial success of the organization.
“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 CEO noted.
Lafarge Africa recently announced plans to expand its Ashakacem plant in Gombe State and Sagamu plant in Ogun State. This follows the acquisition of a majority stake in the company by Huaxin Building Materials Group. Once completed, these expansion projects will increase the company’s total annual production capacity to 14 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 maintained that the company will continue to focus on sustainable business practices.
“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,” he said.
To reward investors, the Board of Directors has proposed a final dividend of N6.00 per share. This is a significant increase from the N1.20 paid in the previous year.
