Lafarge Africa Plc posted a robust performance in the third quarter of 2025, recording a 144 per cent jump in profit after tax to ₦75 billion, up from ₦30.7 billion in the same period of 2024. The improvement was driven by increased sales volumes, enhanced operational efficiency, and sustained market expansion.
According to the firm’s unaudited financial report released on Wednesday, revenue grew by 43 per cent to ₦264 billion in Q3 2025 from ₦183.9 billion in the corresponding period last year. This was attributed to higher demand, improved plant performance, and consistent market growth. Operating profit rose by 107 per cent to ₦106 billion from ₦51.1 billion, while the operating margin widened to 40 per cent from 28 per cent, reflecting stronger cost optimisation and productivity improvements.
Profit before tax advanced by 138 per cent to ₦113.5 billion compared to ₦47.7 billion in Q3 2024, while earnings per share climbed by 144 per cent to ₦4.66 from ₦1.91 recorded in the same period last year.
For the nine months ended September 2025, Lafarge Africa reported total revenue of ₦780.5 billion, representing a 63 per cent year-on-year increase from ₦479.5 billion in 2024. Operating profit rose by 129 per cent to ₦298.4 billion, while profit after tax surged by 246 per cent to ₦207.8 billion, compared to ₦60.1 billion in the same period last year. The company attributed the strong results to improved production output, operational discipline, and effective market strategies.
Speaking on the results, Lafarge Africa’s Chief Executive Officer, Lolu Alade-Akinyemi, said the company’s impressive performance underscores its resilience and focus on excellence. “Building on our earlier successes, our Q3 results reflect strong cost management, market agility, and operational efficiency, demonstrated by a seven per cent increase in capacity utilisation year-on-year,” he said.
He added that the company remains confident in its long-term strategy despite the challenging economic climate. “We closed the quarter with revenue up 43 per cent, operating profit up 107 per cent, and profit after tax reaching ₦75 billion. Our nine-month results highlight our adaptability, innovation, and sustained momentum,” Alade-Akinyemi stated.
In line with its sustainability agenda, Lafarge Africa unveiled ECOCrete, Nigeria’s first low-carbon ready-mix concrete, designed to cut carbon emissions by at least 20 per cent while maintaining high performance standards. This launch followed the earlier rollout of ECOPlanet, a low-carbon cement brand that has gained strong acceptance, accounting for over 50 per cent of cement sales in the Western region during the quarter.
The CEO expressed appreciation to employees, customers, and stakeholders for their continued trust and contribution to the company’s achievements. “Our people and partners remain the driving force behind our progress. Their commitment strengthens our mission to build progress for people and the planet,” he noted.
Lafarge Africa’s Q3 2025 results reaffirm its leadership in Nigeria’s construction materials industry, powered by innovation, operational strength, and a firm commitment to sustainability and long-term value creation.
