Lafarge Africa H1: Higher Profitability Ratios Amid Cost Management, Improved Operating Environment
Lafarge Africa Plc recently released its Unaudited Financial Statements (UFS) for the six months ended 30 June 2025 (6M ‘25) to the market. The scorecard revealed impressive performance as stated below
Sales revenue jumps by 74.9% y/y
A close analysis of the results shows that revenue (topline) grew by 74.9% year-on-year (y/y) to ₦516.98 billion, against 6M ’24 number. Markedly, the sturdier topline growth reflected improvement in sales volume, on the back of enhanced plant stability.
At the bottom line, Profit After Tax (PAT) expanded by 352.1% y/y to ₦132.68 billion, against comparable number, strengthened by relative stability of the Naira at foreign exchange (FX) segment. Note that the prior year was heavily impacted by FX losses.
Kindly see the table below for the detailed company’s earnings’ highlights.
Source: Lafarge Africa Plc 6M-2025 UFS Data,
For the stand-alone three months ended 30 June 2025 (Q2 ’25), kindly see the below highlights for a guide.
Source: Lafarge Africa Plc 6M-2025 UFS Data,
Brief about Lafarge Africa Plc
Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company, is a member of Holcim Limited, a world leader in building solutions. Listed on the Nigerian Exchange Limited. Lafarge is actively participating in the urbanization and economic growth of Nigeria. It has the widest footprint in Nigeria with cement operations in the South-west (Ewekoro and Sagamu in Ogun State), North-east (Ashaka, in Gombe State), South-east (Mfamosing, Cross Rivers State), with Ready-Mix operations in Lagos, Abuja, and Port Harcourt. Lafarge Africa Plc has a current installed cement production capacity of 10.5Mtpa.
Holcim announced on 1st December 2024 that it had signed an agreement to sell its entire 83.81% in Lafarge Africa Plc to Huaxin Cement Co Ltd (Huaxin Cement). The transaction is subject to customary and regulatory approvals.
Huaxin Cement is a Chinese cement manufacturing company. It offers cement manufacturing
equipment, cement packing products, cement clinkers and related products.
