Lafarge Africa Plc hits N1.1 trillion revenue in 2025, profit after tax jumps 173% to N273 billion, with final dividend rising to ₦6 per share

Lafarge Africa Plc has achieved a historic financial milestone, crossing the N1 trillion revenue mark for the first time in its history for the year ended December 31, 2025.

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The cement giant’s revenue surged by 53 per cent, rising from N696.8 billion in 2024 to N1.1 trillion in 2025.

Profit before tax jumped 170 per cent to N411.3 billion, while profit after tax soared 173 per cent to N273 billion, compared to N100.1 billion the previous year.

Commenting on the results, Lafarge Africa CEO, Lolu Alade-Akinyemi, described 2025 as a transformative year.

“Our Full Year 2025 results are a testament to the effectiveness of our 4-point strategy, disciplined execution, and relentless focus on value creation. Reaching the ₦1 trillion net sales threshold marks a historic turning point for our company,” he said.

The CEO credited the growth to operational efficiency, plant reliability, and strategic cost optimisation.

Operating profit surged 103 per cent to ₦392 billion.

Following the acquisition of a majority stake by Huaxin Building Materials Group, Lafarge Africa plans to expand its Ashakacem plant in Gombe State and Sagamu plant in Ogun State.

Upon completion, total annual production capacity will reach 14.0 million metric tonnes (MMT).

Alade-Akinyemi expressed optimism for 2026, emphasising the company’s resilience, operational scale, and commitment to sustainable growth.

Reflecting strong performance, the Board proposed a final dividend of 600 kobo (₦6.00) per share, up from 120 kobo in 2024, highlighting Lafarge Africa’s robust cash position and dedication to rewarding investors.

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The CEO reaffirmed the company’s “green growth” agenda, promising continued focus on sustainability, volume opportunities, and prudent cost management as part of its long-term value creation strategy.