Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions, has announced its unaudited financial results for the second quarter of the 2025 fiscal year. The company reported record revenue and profitability for the period, underscoring its robust market position.
In Q2 2025, Lafarge Africa achieved net sales of approximately USD 179 million—representing a 70% increase compared to USD 105 million recorded in the same period of 2024. This strong sales performance highlights sustained demand for the company’s diverse product portfolio and its solid positioning in the market.
The company’s operating profit grew significantly from USD 31.8 million in Q2 2024 to USD 80.4 million in Q2 2025, marking an impressive 153% increase. This growth was driven by both higher sales volumes and improved operational efficiency.
According to unaudited figures released by the Nigerian Exchange Group (NGX), the company’s profit after tax (PAT) rose from USD 16.1 million to USD 56 million, reflecting a remarkable 248% increase. This performance was attributed to robust operational management and relative stability in exchange rates, with no significant foreign exchange losses reported.
Commenting on the results, Lafarge Africa CEO Lolu Alade-Akinyemi stated:
“Following our impressive Q1 results, Q2 performance showcases the strength of our team, market positioning, operational efficiency, cost management, and dedication to value creation. We achieved excellent financial results in Q2, with Net Sales growth of 70%, Operating Profit up 153%, and Profit After Tax growth of 248%. This strong performance closes H1 with a sales and operating profit growth of 75% and 144% respectively. This performance is driven by our innovative product offerings and strategic operational initiatives”
Alade-Akinyemi emphasized the company’s close monitoring of macroeconomic developments while remaining committed to long-term value creation through innovation, cost discipline, and a sustainability-driven approach.
“I am deeply grateful to our exceptional team, valued customers, and loyal stakeholders for their unwavering contributions and support of Lafarge Africa. Despite the challenging macroeconomic environment, your commitment continues to inspire us and strengthen our confidence in the future.” he said.
He also noted that, despite pressures on purchasing power, the construction industry is expected to maintain its growth trajectory, and Lafarge Africa is well positioned to benefit from this trend.
Sharing his outlook for the second half of the year, Alade-Akinyemi expressed cautious optimism that the strong momentum from H1 would continue:
“We will continue to capitalise on volume opportunities across our markets while diligently managing our costs. Our commitment to sustainability remains steadfast, as we pursue our strategy of ‘Accelerating Green Growth’ through innovative building solutions that enhance stakeholder value” he concluded.
