Cement manufacturing giant, Lafarge Africa Plc has recorded a revenue of N268.63bn for the second quarter of the 2025 financial year.
The Chief Executive Officer of the Company, Lalu Alade-Akinyemi, who disclosed in a statement, said that the exceptional performance recorded by the company in Q2 was driven by innovation and strategic operations.
This revenue represents an increase of 70% from N157.80bn that was recorded in the corresponding period in 2024.
A breakdown analysis of the unaudited result showed that operating profit for the company in the second quarter of the financial year also grew from N47.70 billion in the corresponding period in 2024 to N120.61 billion, representing a 153 % significant increase.
The rise in operating profit was largely due to topline growth and operational efficiency of the company.
According to the provisional results released by NGX, Profit After Tax for the second quarter rose by 248% from N24.16 billion in 2024 to N84.03 billion in the corresponding period in 2025. This rise could be attributed to strong Operational performance, relative stability of the naira with no significant FX losses.
“Following our impressive Q1 results, Q2 performance showcases the strength of our team, market positioning, operational efficiency, cost management, and dedication to value creation.
“We achieved excellent financial results in Q2, with Net Sales growth of 70%, Operating Profit up 153%, and Profit After Tax growth of 248%. This strong performance closes H1 with a sales and operating profit growth of 75% and 144% respectively.
“This performance is driven by our innovative product offerings and strategic operational Initiatives,” Alade-Akinyemi said.
He noted that the company remains mindful of the ever-evolving macroeconomic conditions, and is confident to continue to deliver value by focusing on its strategic priorities, while leveraging innovation and green growth, in line with its sustainability ambitions.
“I am deeply grateful to our exceptional team, valued customers, and loyal stakeholders for their unwavering contributions and support of Lafarge Africa. Despite the challenging macroeconomic environment, your commitment continues to inspire us and strengthen our confidence in the future,” he added.