Lafarge Africa Plc has reported a 144 per cent increase in its profit after tax to N75bn for the third quarter of 2025, compared to N30.7bn recorded in the corresponding period of 2024, driven by higher sales volume.
According to the company’s unaudited financial statements released on Wednesday, Lafarge’s net sales rose 43 per cent to N264bn in the third quarter of 2025 from N183.9bn in the same period last year, reflecting strong demand, improved plant reliability, and sustained market growth.
The company’s operating profit for the quarter also grew 107 per cent to N106bn, compared to N51.1bn recorded in the third quarter of 2024, while its operating margin increased to 40 per cent from 28 per cent in the previous year.
Similarly, profit before tax stood at N113.5bn, representing a 138 per cent increase compared to N47.7bn in the corresponding quarter of 2024. Earnings per share rose 144 per cent to N4.66 from N1.91 reported in the same period last year.
For the nine months ended September 2025, Lafarge Africa recorded total net sales of N780.5bn, a 63 per cent year-on-year growth from N479.5bn in 2024. The company’s operating profit rose 129 per cent to N298.4bn, while profit after tax surged 246 per cent to N207.8bn, compared to N60.1bn in the same period of 2024.
The company attributed the strong performance to efficiency gains, volume growth, and strategic market positioning.
Commenting on the results, the Chief Executive Officer of Lafarge Africa Plc, Lolu Alade-Akinyemi, said the company’s impressive third-quarter performance reflects its resilience and focus on operational excellence.
