Lafarge africa reports N780.48bn revenue, profit up 246%

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Lafarge Africa Plc has reported a strong financial performance for a period of nine months in 2025, recording a revenue of ₦780.48 billion, a 63% increase from ₦479.49 billion in the same period of 2024.

Further analysis of the company’s unaudited results shows that Profit After Tax surged by 246%, rising from ₦60.08 billion last year to ₦207.78 billion in 2025, a performance driven by higher sales volumes, improved operational efficiency, and the relative stability of the naira.

The cost of sales rose from N241.73 billion in 2024 to N324.36 billion in the 9-month period under review in 2025, while Administration and selling expenses experienced a sharp rise of 48% from N109.74 billion in 2024 to N162.03 billion in 2025.

CEO of Lafarge Africa Lolu Alade-Akinyemi in a statement said, “Building on the performance from previous quarters, Q3 results showcase our cost discipline, strategic market positioning, unwavering commitment to value creation, and strong operational efficiency – demonstrated by a +7per cent YoY improvement in capacity utilization.

“We ended Q3 with Net Sales up 43per cent, Operating Profit up 107per cent, and Profit After Tax of N75biillion. We closed nine months of 2025 with Net Sales and Operating Profit up 63per cent and 129per cent respectively.

“Our nine months of 2025 performance reaffirms our resilience, underpinned by sustained volume growth, operational excellence, innovative product offerings, and agile response to market opportunities. This performance also reflects our alignment with a more stable naira, the stability of operations, and continued efficiencies across the business.

“Lafarge Africa is positioned to leverage the strength of Huaxin’s technical and operational capabilities to further improve our supply capacity, core technical skills, and operations. Huaxin Cement Group is a leading global cement producer and equipment manufacturer with over 100 years of legacy in the cement industry.

“As we look forward, we remain attentive to the dynamic macroeconomic environment, and we are confident that our resilience and strategic focus position us to seize emerging opportunities, drive sustainable growth, and deliver lasting value.”

According to Alade-Akinyemi, he explained in a statement that innovative product offerings and efficiency gains drove the company’s outstanding performance in Q3. The last nine months have witnessed the launch of Nigeria’s first low-carbon ready-mix concrete, ECOcrete, and ECOplanet

Elephant cement, in our Western Market, to complement the product success recorded following the launch in the Eastern market in 2024.

He expressed appreciation to shareholders, customers, and partners for their continued confidence and support, reaffirming the company’s commitment to delivering long-term value despite a challenging macroeconomic environment.

The CEO further expressed gratitude to our committed and resilient employees, who have all contributed significantly to our growth in the last nine months.

Commenting on projections for the last quarter of the year, he stated that the outlook remains positive, with the building market expected to grow significantly. He stated that the market growth for the rest of the year is projected to align with the strong upward trend observed in the first nine months of the year.

Concluding, he states, “The focus remains to seize emerging opportunities, drive sustainable growth, and deliver lasting value to our stakeholders.”