Lafarge Africa Plc has reported a 70% year-on-year increase in net sales to ₦269 billion for the second quarter (Q2) of 2025, driven by volume growth and improved plant stability. The company also posted a 248% rise in profit after tax (PAT), reaching ₦84 billion, supported by a strong topline performance, operational efficiencies, and an improved macroeconomic environment.
For the half-year ended June 30, 2025, net sales rose by 75% year-on-year, while operating profit increased by 144%. In Q2 alone, operating profit grew by 153%, fueled by higher revenue and cost optimization. The company’s operating margin improved significantly, rising to 45% in Q2 2025 from 30% a year earlier, and reaching 37% for the first half of 2025, up from 27% in H1 2024
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The improvement in profitability was further supported by relative stability in the exchange rate, reversing the substantial foreign exchange losses recorded in the previous year. Commenting on the performance, Lafarge Africa’s Chief Executive Officer, Lolu Alade-Akinyemi, said the results reflect the strength of the company’s strategy and disciplined execution. “With net sales up 70%, operating profit up 153%, and PAT rising by 248%, we continue to deliver strong value through operational excellence, market responsiveness, and cost discipline,” he said.
In line with its green growth strategy, the company introduced ECOPlanet cement to the Western Nigerian market during Q2 2025, following its earlier launch in the East in 2024. ECOPlanet now accounts for over 50% of sales in the West and is a key contributor to Lafarge’s carbon reduction efforts. The company also reported continued deployment of Calcined Clay, a low-carbon raw material, in its cement production processes, further reinforcing its decarbonization roadmap.
Earlier in Q1 2025, Lafarge launched Ground Calcium Carbonate (GCC), a multi-industry additive used to enhance the quality of concrete and asphalt while supporting carbon emission reduction goals. Market adoption of GCC continued into Q2.
Looking ahead, Lafarge Africa maintains a positive outlook for the second half of 2025, citing continued momentum in Nigeria’s infrastructure and construction sectors. While acknowledging ongoing macroeconomic pressures on consumer purchasing power, the company expects market growth to remain resilient and reaffirmed its commitment to volume growth, cost efficiency, and accelerating its sustainability agenda through innovative building solutions.
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“We remain focused on creating long-term value for all stakeholders through innovation, operational excellence, and sustainability,” Alade-Akinyemi added.
Lafarge Africa Plc is a subsidiary of Holcim Group and one of Nigeria’s leading building solutions providers. It operates cement manufacturing plants in Ogun (Ewekoro and Sagamu), Gombe (Ashaka), and Cross River (Mfamosing), alongside Ready-Mix concrete operations in Lagos, Abuja, and Port Harcourt. With an installed cement production capacity of 10.5 million metric tonnes per annum, the company plays a central role in Nigeria’s construction industry.
Its parent company, Holcim Ltd., is a global leader in sustainable construction with restated 2024 net sales of CHF 16.2 billion. Holcim operates in 45 markets and employs over 48,000 people worldwide, managing major brands such as ECOPlanet, ECOPact, and ECOCycle.
