By Adeyinka Adeniran
Lafarge Africa Plc has recorded a remarkable 63% growth in sales revenue, reaching N780.48 billion for the 9-month period in 2025, compared to N479.49 billion in the corresponding period in 2024. The company’s Profit After Tax also surged by 246% to N207.78 billion, driven by volume growth, efficiency gains, and stability of the Naira.
The company’s Cost of Sales rose from N241.73 billion in 2024 to N324.36 billion in 2025, while Administration and selling expenses increased by 48% to N162.03 billion. Despite these increases, Lafarge Africa’s CEO, Lolu Alade-Akinyemi, attributed the company’s outstanding performance to cost discipline, strategic market positioning, and strong operational efficiency.
According to Alade-Akinyemi, “Our 9M 2025 performance reaffirms our resilience, underpinned by sustained volume growth, operational excellence, innovative product offerings, and agile response to market opportunities.” The company has launched several innovative products, including Nigeria’s first low-carbon ready-mix concrete, ECOcrete, and ECOplanet Elephant cement.
Alade-Akinyemi expressed gratitude to shareholders, customers, and partners for their continued confidence and support, and to employees for their significant contributions to the company’s growth. Looking ahead, the CEO stated that the outlook remains positive, with the buildings market expected to grow significantly.
“The focus remains to seize emerging opportunities, drive sustainable growth, and deliver lasting value to our stakeholders,” Alade-Akinyemi concluded. Lafarge Africa is poised to leverage the strength of Huaxin Cement Group, a leading global cement producer, to further improve its supply capacity, core technical skills, and operations
