Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. This marks a 70% jump compared to the N157.80 billion posted in the same period of 2024.
The company, known for its production of various cement brands and sustainable building materials, released its unaudited Q2 financial results showing impressive year-on-year growth across major performance indicators.
According to the financial breakdown, operating profit rose sharply to N120.61 billion in Q2 2025, a 153% increase from N47.70 billion recorded in the same quarter last year. This surge reflects improved efficiency, increased sales volumes, and pricing adjustments in response to market conditions.
The strong performance comes despite ongoing macroeconomic challenges in Nigeria, including inflationary pressures, foreign exchange fluctuations, and rising energy costs.
Lafarge Africa’s management has attributed the improved earnings to its focus on operational excellence, cost optimisation, and the company’s sustainability-driven strategy. The firm has also continued investing in its logistics infrastructure, renewable energy sources, and community projects in host areas.
Though the company is yet to release its full profit-after-tax figures for the period, analysts believe the strong Q2 numbers point to a positive outlook for the rest of the 2025 financial year.
The performance may also reflect increased construction activities in both public infrastructure and private real estate sectors, driven by ongoing government capital projects and increased housing demand.
Lafarge Africa Plc is a subsidiary of Holcim Group, a global leader in innovative and sustainable building materials. The company operates in key locations across Nigeria and has consistently maintained its position as one of the top cement producers in the country.
Investors on the Nigerian Exchange (NGX) may respond positively to this earnings report, especially in light of the current earnings season where market sentiment is shaped by corporate fundamentals.
