Lafarge Africa Plc Records 63% Revenue Growth to ₦780.48 Billion In 9m 2025
 

Lagos, Nigeria. October 23, 2025

Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions, has announced revenue of ₦780.48 billion for the first nine months of 2025 — representing a 63% increase from ₦479.49 billion recorded in the corresponding period of 2024.

A detailed review of the results shows a 246% surge in Profit After Tax (PAT), rising from ₦60.08 billion in 2024 to ₦207.78 billion in 2025. This strong performance reflects higher sales volumes, improved operational efficiency, and enhanced currency stability.

Cost of Sales increased from ₦241.73 billion to ₦324.36 billion, while Administrative and Selling Expenses rose by 48%, from ₦109.74 billion to ₦162.03 billion — largely attributable to business expansion and inflationary pressures.

Commenting on the results, Lolu Alade-Akinyemi, Chief Executive Officer of Lafarge Africa Plc, stated:
“Building on the momentum from previous quarters, our Q3 results highlight our cost discipline, strategic market positioning, and operational excellence. We delivered a 43% increase in Net Sales, a 107% rise in Operating Profit, and a Profit After Tax of ₦75 billion for the quarter.”

He added: “For the nine-month period, Net Sales and Operating Profit grew by 63% and 129%, respectively. These results reaffirm Lafarge Africa’s resilience, supported by sustained volume growth, efficiency gains, innovative products, and a relatively stable operating environment.”

Alade-Akinyemi further highlighted the company’s strengthened partnership with Huaxin Cement Group, noting that: 
“Our  collaboration with Huaxin  Cement  Group enables  us  to  deepen technical  expertise,  enhance operational  efficiency,  and  strengthen supply reliability.  Huaxin’s  115-year  global  legacy  in  cement manufacturing is a major strategic advantage for Lafarge Africa.”

He expressed appreciation to shareholders, customers, partners, and employees for their continued confidence and commitment, emphasizing that their collective support has been instrumental to the company’s sustained growth.

Looking ahead, the CEO reaffirmed Lafarge Africa’s positive outlook, with the building materials segment expected to maintain strong growth momentum through year-end. He confirmed Lafarge Africa’s unwavering commitment to sustainability and will further deepen the company’s footprint in the use of Alternative fuel, Ecocrete, and Ecoplanet solutions to accelerate green growth in the Nigerian cement industry

“Our focus remains on seizing emerging opportunities, driving sustainable growth, and delivering long-term value to all stakeholders,” he concluded.