Lafarge Africa Plc. Lagos, February 25, 2026
LAFARGE AFRICA PLC HITS ₦1 TRILLION REVENUE MILESTONE AS PROFIT BEFORE TAX RISES 170% TO 411BN IN 2025.
Net Sales: FY 2025 up 53%; supported by volume growth, enhanced plant stability, and improved distribution efficiency.
Operating Profit: FY 2025 N392Bn, up 103%, reflecting strong top-line momentum and continued execution on cost and efficiency initiatives.
Operating Margin: FY 2025 37% vs 28% PY.
Profit After Tax: FY 2025 up 173% to N273Bn; underpinned by volume-led revenue growth, disciplined cost optimization across operations, and efficient financial management.
Our priorities are focused on improving capacity utilization, enhancing value creation, embedding sustainability across operations, and top-notch industry-leading health and safety performance.
FY 2025 Performance Overview | |||||||
Q4 2025 | Q4 2024 | Var. (±%) | FY 2025 | FY 2024 | Var. (±%) | ||
Net sales (N'mn) | 285,819 | 217,262 | 32% | 1,066,305 | 696,758 | 53% | |
Operating Profit (N'mn) | 93,692 | 62,928 | 49% | 392,100 | 193,005 | 103% | |
Operating margin (%) | 33% | 29% | 4pp | 37% | 28% | 9pp | |
Profit Before Tax (N'mn) | 98,027 | 58,193 | 68% | 411,317 | 152,519 | 170% | |
Profit After Tax (N'mn) | 65,340 | 40,069 | 63% | 273,120 | 100,145 | 173% | |
EPS (N/share) | 4.06 | 2.49 | 63% | 16.96 | 6.22 | 173% | |
Lafarge Africa CEO, Lolu Alade-Akinyemi, reflected on a landmark year: "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. With a 103% surge in Operating Profit to ₦392 billion and margins widening to 37%, 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."
Looking ahead, with Huaxin's collaboration and Industrial expertise, we are excited about the year 2026 and the opportunities ahead. We maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalize on emerging market opportunities. Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.
I appreciate the continued trust of our employees, customers, stakeholders, and investors, whose partnership reinforces our commitment to delivering resilient performance and superior value creation".
BUSINESS UPDATE
PRODUCT LAUNCHLafarge launched ECOCrete in Q3 - Nigeria's First Low-Carbon ReadyMix Concrete. ECOCrete is our latest building solution and a breakthrough in providing sustainable building solutions in Nigeria. The product was formulated to deliver a minimum of 20% reduction in carbon emissions while maintaining uncompromising strength, quality, and performance
This further demonstrates our innovation drive and greener planet ambition.
The ECOCrete launch follows from the Q2 launch of ECOPlanet in the Western Market. The ECOPlanet product accounted for over 50% of total cement sales in the West in Q4.
PLANT LAUNCHIn 2025, we launched the Freedom plant, a new Readymix facility with an automated batching capacity, and a seamless data transfer system that can be operated remotely from any part of the world, located at Freedom way, Lekki, Lagos. This is proof of our efforts in optimizing our processes through state-of-the-art technology and increasing our footprint as a building solutions company.
EXPANSIONWe have kickstarted our plans to expand Ashakacem Plant in Gombe State and Sagamu Plant in Ogun State. Upon completion, Ashaka and Sagamu Plants' total capacity will be 2MT and 3.5MT per annum respectively. After the conclusion, our total capacity will rise to 14.0Mtpa.
OUTLOOK
With macroeconomic headwinds moderating and consumer demand showing signs of recovery, Nigeria's infrastructure and construction sector is expected to maintain the positive momentum of 2025 into the coming year. We anticipate the market growth to sustain the upward performance trend recorded.
Lafarge Africa Plc will continue to explore the volume opportunities in our markets, while sustaining prudent cost optimization to protect margins. Our sustainability-driven growth model remains at the core of our long-term value creation strategy, underpinned by the continued execution of our strategic priorities.
-END-
About Lafarge Africa Plc
Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company, listed on the Nigerian stock Exchange, Lafarge Africa Plc is actively participating in the urbanization and economic growth of Nigeria, the largest economy in Africa.
Lafarge Africa Plc has the widest footprint in Nigeria with cement operations in the South West (Ewekoro and Sagamu in Ogun State), North East (Ashaka, in Gombe State), South East (Mfamosing, Cross Rivers State), with Ready-Mix operations in Lagos, Abuja, and Port Harcourt. Lafarge Africa Plc has a current installed cement production capacity of 10.5Mtpa.
Lafarge Africa Plc leverages on its innovative expertise to provide value-added products and services solutions in the building and construction industry in Nigeria. Additional information is available on the website at https://www.lafarge.com.ng
Contact:
Adewunmi Alode
General Counsel & Company Secretary adewunmi.alode@ng.huaxin.com
Conference call detailsJoin our conference call for analysts and investors scheduled for Friday 6th March at 12 noon Lagos (West Africa Time)
Please register using the link below:
Lafarge Africa Plc FY 2025 Audited Results Conference Call
Join the live webcast by clicking on the link below: Webcast
Contact the investor relations team at investorrelations.ng@ng.huaxin.com