Lafarge Africa Plc has proposed a final dividend of 600 kobo per share for the financial year ended December 31, 2025, subject to shareholders’ approval and applicable withholding tax deductions.
The cement manufacturer disclosed that shareholders whose names appear in the Register of Members at the close of business on Friday, April 3, will qualify for the payout. It added that the Register of Members will be closed from Monday, April 6, to Friday, April 10, both dates inclusive.
Financial results released by the company show a strong performance for the year under review, with net sales rising by 53 per cent to N1.066 trillion from N696.758 billion recorded in 2024. The growth, according to the firm, was driven by higher sales volumes, improved plant stability and enhanced distribution efficiency.
Operating profit climbed by 103 per cent to N392 billion, reflecting sustained revenue momentum and continued execution of cost-efficiency measures. Profit After Tax surged by 173 per cent to N273 billion, supported by volume-led revenue expansion, disciplined cost optimisation across operations and improved financial management.
The company stated that the dividend will be paid electronically on Thursday, April 30, to shareholders who have completed e-dividend registration and mandated the Registrar to credit their bank accounts directly.