Lafarge Africa Posts 43% Sales Jump, Launches Eco Concrete

By Deborah Oladapo

Lafarge Africa Plc has reported strong financial performance for the third quarter of 2025, posting a 43 percent increase in net sales and a 107 percent rise in operating profit, driven by volume growth, improved plant reliability, and sustained operational efficiency.

In its Q3 financial statement released in Lagos, the company recorded net sales of ₦264 billion for the quarter, up from ₦184 billion in the same period of 2024, while operating profit rose to ₦106 billion compared to ₦51 billion a year earlier. Profit after tax also climbed sharply by 144 percent to ₦75 billion, reflecting steady gains across its markets.

The company’s nine-month performance showed similar strength, with net sales rising 63 percent year-on-year to ₦780 billion, and operating profit up 129 percent to ₦298 billion. Operating margins improved to 40 percent in Q3 from 28 percent in the previous year, supported by cost discipline and higher capacity utilisation.

Lafarge Africa’s Chief Executive Officer, Lolu Alade-Akinyemi, said the company’s performance reaffirmed its resilience in a challenging macroeconomic environment. “Building on the performance from previous quarters, our results showcase cost discipline, strategic market positioning, and a strong commitment to value creation,” he said.

He noted that the company’s “9M 2025 performance reaffirms our resilience, underpinned by sustained volume growth, operational excellence, innovative product offerings, and agile response to market opportunities.”

During the quarter, Lafarge launched ECOCrete, Nigeria’s first low-carbon ReadyMix concrete. The new product delivers a minimum of 20 percent reduction in carbon emissions while maintaining strength and quality, reinforcing the company’s sustainability goals. The launch follows the earlier introduction of ECOPlanet, a low-carbon cement brand that now accounts for over 50 percent of Lafarge’s sales in the Western market.

Looking ahead, the company expressed optimism about Nigeria’s infrastructure and construction outlook, projecting continued growth as macroeconomic conditions stabilise. It reaffirmed its commitment to its “Accelerating Green Growth” agenda, focused on sustainable building solutions and long-term value creation for stakeholders.

Lafarge Africa, a subsidiary of Holcim Group and a leading building solutions company in Sub-Saharan Africa, operates cement plants in Ogun, Gombe, and Cross River States, and ReadyMix facilities in Lagos, Abuja, and Port Harcourt. The company’s total installed cement production capacity stands at 10.5 million tonnes per annum.