Nigeria: Lafarge Africa, part of China’s Huaxin Cement, has posted a 35% year-on-year increase in sales for the 2025 financial year in what the company described as a ‘historic performance.’ It reported revenue of US$737m in 2025, an increase from US$568m in 2024.
The company’s profit after tax rose sharply by 30% from US$68.0m in 2024 to US$75.2m in 2025. The company attributed the robust performance to volume-led growth, enhanced plant stability, improved distribution efficiency, retail expansion and prudent financial management across its operations.
Lafarge Africa’s CEO Lolu Alade-Akinyemi, described the outcome as a validation of the company's strategic direction. Commenting on the fact that the company’s revenue had passed 1 trillion Nigeria Naira for the first time, he said “Our full-year 2025 results are a testament to the effectiveness of our strategy, disciplined execution and relentless focus on value creation. Reaching the ₦1Tn revenue threshold marks a historic turning point for our company.”
Looking ahead to 2026, the company projected a positive outlook, reaffirming its commitment to improving capacity utilisation, embedding sustainability across operations, and maintaining industry-leading health and safety standards.
