• Latest
  • Trending
  • All
Lafarge Africa’s 2025 Revenue Hits N780.48b, Up 63% Year-On-Year

Lafarge Africa’s 2025 Revenue Hits N780.48b, Up 63% Year-On-Year

October 24, 2025
FirstBank Hits ₦500 Bn Regulatory Milestone, As Shareholders commit to More Capital

FirstBank Hits ₦500 Bn Regulatory Milestone, As Shareholders Commit to More Capital

January 6, 2026
Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO

Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO

January 4, 2026
FirstBank to Spark Growth Talks at Nigeria Economic Outlook 2026

FirstBank to Spark Growth Talks at Nigeria Economic Outlook 2026

January 3, 2026
Seyi Tinubu, Fuji Singer Atawewe Bag Eyo Chieftaincy Titles in Lagos

Seyi Tinubu, Fuji Singer Atawewe Bag Eyo Chieftaincy Titles in Lagos

December 27, 2025
Senator Solomon Olamilekan Adeola (Yayi): Rise And Rise of a National Political Icon

Senator Solomon Olamilekan Adeola (Yayi): Rise And Rise of a National Political Icon

December 26, 2025
Eko Drive IV

Eko Drive IV Thrills Lagos, Showcases Auto Excellence

December 26, 2025
Eyo Festival 2025: 20 Things To Note As Lagos Most Iconic Cultural Event Returns 8 Years After

Eyo Festival 2025: 20 Things To Note As Lagos Most Iconic Cultural Event Returns 8 Years After

December 26, 2025
Lagos Police Arraign Beniniose couple, Accomplice Over Alleged Murder of TikTok Lover

Lagos Police Arraign Beniniose couple, Accomplice Over Alleged Murder of TikTok Lover 

December 24, 2025
How GTCO Food and Drink Festival Is Powering SME Expansion — Ayoola, Teeriel Foods The 2025 GTCO Food and drinks

How GTCO Food and Drink Festival Is Powering SME Expansion — Ayoola, Teeriel Foods

December 22, 2025
I Came from New Jersey to Experience GTCO Food and Drink Festival, and I Am So Thrilled – Ogunyemi

I Came from New Jersey to Experience GTCO Food and Drink Festival, and I Am So Thrilled – Ogunyemi

December 22, 2025
Council Boss, Residents Applaud Police For Combating Crimes in Ikotun-Igando, Urge Sustenance

Council Boss, Residents Applaud Police For Combating Crimes in Ikotun-Igando, Urge Sustenance

December 22, 2025
Jake Paul vs Anthony Joshua to Shatter Records with $267m Pay

YouTuber vs Former World Champion: Jake Paul vs Anthony Joshua to Shatter Records with $267m Pay

December 20, 2025
Court Restores Elon Musk’s Massive '$139bn' Tesla Pay Deal

Elon Musk Wins Court Case in Massive ‘$139bn’ Tesla Pay Deal

December 20, 2025
$1.6m US Vaccine Trial in Africa Sparks Outrage, Branded ‘Highly Unethical’

$1.6m US Vaccine Trial in Africa Sparks Outrage, Branded ‘Highly Unethical’

December 20, 2025
Telemedicine in Nigeria by Dr Nwosu

Nwosu Unveils Report on Telemedicine’s Power to Transform Healthcare in Nigeria

December 20, 2025
CSOs oppose Akpabio’s call to restore police escorts for lawmakers

Civil Societies Oppose Akpabio’s Call to Restore Police Escorts for Lawmakers

December 19, 2025
Tuesday, January 6, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Business

Lafarge Africa’s 2025 Revenue Hits N780.48b, Up 63% Year-On-Year

by Reporter theconscienceng
October 24, 2025
in Business, Trending
0
Lafarge Africa’s 2025 Revenue Hits N780.48b, Up 63% Year-On-Year
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

IMG 20251024 WA0008Lafarge Africa’s 2025 Revenue Hits N780.48b, Up 63% Year-On-Year

THECONSCIENCE NG reports that Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of various cement brands, recorded sales revenue of N780.48 billion for the 2025 9M period, representing a 63 per cent increase compared to N479.49 billion in the same period of 2024.

A breakdown analysis of the results revealed that Profit After Tax for the 9M Period grew from N60.08 billion in the corresponding period in 2024 to N207.78 billion, representing a 246 per cent rise. The rise in profit could be attributed to volume growth, efficiency gains, and stability of the Naira.

The cost of Sales rose from N241.73 billion in 2024 to N324.36 billion in the nine-month period under review in 2025, while Administration and selling expenses experienced a sharp rise of 48 per centfrom N109.74 billion in 2024 to N162.03 billion in 2025.

Lafarge Africa CEO, Lolu Alade-Akinyemi, commented, “Building on the performance from previous quarters, Q3 results showcase our cost discipline, strategic market positioning, unwavering commitment to value creation, and strong operational efficiency – demonstrated by a +7 per cent YoY improvement in capacity utilisation. We ended Q3 with Net Sales up 43 per cent, Operating Profit up 107%, and Profit After Tax of N75b.”

READ MORE:  Zenith Bank Dismisses Report on GMD's Arrest, Says Onyeagwu on Duty

“We closed 9M 2025 with Net Sales and Operating Profit up 63 per cent and 129 per cent respectively.”

“Our 9M 2025 performance reaffirms our resilience, underpinned by sustained volume growth, operational excellence, innovative product offerings, and agile response to market opportunities. This performance also reflects our alignment with a more stable naira, the stability of operations, and continued efficiencies across the business. Lafarge Africa is positioned to leverage the strength of Huaxin’s technical and operational capabilities to further improve our supply capacity, core technical skills, and operations. Huaxin Cement Group is a leading global cement producer and equipment manufacturer with over 100 years of legacy in the cement industry.”

READ MORE:  Id el Kabir: LAWMA Reiterates Proper Waste Management

“As we look forward, we remain attentive to the dynamic macroeconomic environment, and we are confident that our resilience and strategic focus position us to seize emerging opportunities, drive sustainable growth, and deliver lasting value.”

Alade-Akinyemi stated in a statement that innovative product offerings and efficiency gains drove the company’s outstanding performance in Q3. The last nine months have witnessed the launch of Nigeria’s first low-carbon ready-mix concrete, ECOcrete, and ECOplanet Elephant cement, in our Western Market, to complement the product success recorded following the launch in the Eastern market in 2024.

He thanked shareholders, customers, and partners for their continued confidence and support, reaffirming the company’s commitment to delivering long-term value despite a challenging macroeconomic environment. The CEO further expressed gratitude to our committed and resilient employees, who have all contributed significantly to our growth in the last nine months.

READ MORE:  Police Kill 7 Kidnappers, Arrest 5 Suspects In Delta, Kaduna

Commenting on projections for the last quarter of the year, he stated that the outlook remains positive, with the buildings market expected to grow significantly. He stated that the market growth for the rest of the year is projected to align with the strong upward trend observed in the first nine months of the year.

He, however, opined, “The focus remains to seize emerging opportunities, drive sustainable growth, and deliver lasting value to our stakeholders.”

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: LAFARGE
ShareTweet
Previous Post

Fans Gift BBN Dede N30 Million And Luxury Item For Her 24th Birthday

Next Post

Why We Arrested Sowore In Court — Police

Reporter theconscienceng

Reporter theconscienceng

Related Posts

FirstBank Hits ₦500 Bn Regulatory Milestone, As Shareholders commit to More Capital
Business

FirstBank Hits ₦500 Bn Regulatory Milestone, As Shareholders Commit to More Capital

by TheConscience NG
January 6, 2026
Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO
Business

Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO

by TheConscience NG
January 4, 2026
FirstBank to Spark Growth Talks at Nigeria Economic Outlook 2026
Business

FirstBank to Spark Growth Talks at Nigeria Economic Outlook 2026

by TheConscience NG
January 3, 2026
Seyi Tinubu, Fuji Singer Atawewe Bag Eyo Chieftaincy Titles in Lagos
Lifestyle

Seyi Tinubu, Fuji Singer Atawewe Bag Eyo Chieftaincy Titles in Lagos

by TheConscience NG
December 27, 2025
Senator Solomon Olamilekan Adeola (Yayi): Rise And Rise of a National Political Icon
Politics

Senator Solomon Olamilekan Adeola (Yayi): Rise And Rise of a National Political Icon

by TheConscience NG
December 26, 2025
Eko Drive IV
News

Eko Drive IV Thrills Lagos, Showcases Auto Excellence

by TheConscience NG
December 26, 2025
Next Post
Sowore slams Tinubu’s Electoral Reforms, Urges Nigerians To Take Action Before Next Elections

Why We Arrested Sowore In Court — Police

No Result
View All Result

Recent Posts

  • FirstBank Hits ₦500 Bn Regulatory Milestone, As Shareholders Commit to More Capital
  • Odu’a Investment Elevates Abiodun Bamiduro to Board as ED/Group CFO
  • FirstBank to Spark Growth Talks at Nigeria Economic Outlook 2026
  • Seyi Tinubu, Fuji Singer Atawewe Bag Eyo Chieftaincy Titles in Lagos
  • Senator Solomon Olamilekan Adeola (Yayi): Rise And Rise of a National Political Icon

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d