Lafarge Africa Plc reported a 63% increase in revenue for the nine months ending September 2025, reaching N780.48 billion. This compares to N479.49 billion recorded in the same period in 2024.
Profit After Tax rose sharply by 246%, climbing from N60.08 billion in 2024 to N207.78 billion in 2025. The company attributed the growth to increased sales volume, operational efficiency, and naira stability.
Cost of Sales increased by 34% to N324.36 billion, up from N241.73 billion in the prior year. Administrative and selling expenses also rose by 48%, totalling N162.03 billion compared to N109.74 billion in 2024.
CEO Lolu Alade-Akinyemi stated, “Our Q3 results reflect disciplined cost management and strategic market positioning, with Net Sales up 43% and Operating Profit up 107%.” He added that capacity utilisation improved by 7% year-on-year.
The company closed the 9M period with Operating Profit up 129%, reinforcing its resilience and agility in navigating market conditions. Lafarge Africa also launched ECOcrete and ECOplanet Elephant cement in the Western Market, expanding its low-carbon product portfolio.
Alade-Akinyemi emphasised the company’s alignment with Huaxin Cement Group’s technical expertise, noting that this partnership enhances Lafarge Africa’s supply capacity and operational capabilities.
Looking ahead, the CEO projected continued growth in the buildings market for Q4 2025, citing strong trends from earlier quarters. He reaffirmed the company’s commitment to sustainable growth and stakeholder value.
Lafarge Africa Plc is a Nigerian subsidiary of Huaxin Cement Co. Limited, a global cement producer with over a century of industry experience. The company operates across Nigeria with a cement production capacity of 10.5Mtpa and is listed on the Nigerian Exchange Group.
