TUE JULY 22 2025-theGBJournal|Cement maker Lafarge Africa Plc reported second quarter EPS of N5.22, 248% better than Q2-2024 of N1.50. Profit for the quarter came in at N84.034 billion versus N24.157 billion result in Q2-2024, riding on the back of topline growth and operational efficiencies.
Net sales Revenue beat estimates at N269 billion, a 70% increase from N157.80 billion seen in Q2-2024, fueled by improved volumes, on the back of enhanced plant stability.
The cement maker’s Profit After Tax came in at N84 billion, up 248% (H1 2025 N133Bn, up 352%), strengthened by relative stability of the Naira. Prior year was heavily impacted by FX losses.
Lolu Alade-Akinyemi, CEO of Lafarge Africa said company’s performance e further showcases the strength of the team, market positioning, operational efficiency, cost
management, and dedication to value creation.
”With this strong Q2 result, we closed H1 with sales and operating profit growth of 75% and 144% respectively; driven by volume growth, operational excellence, innovative product offerings and our proactive market Initiatives.”
”Looking ahead and mindful of the ever-evolving macroeconomic conditions, we are confident in our ability to continue to deliver value by focusing on our strategic priorities, while leveraging innovation and green growth, in line with our sustainability ambitions, Alade-Akinyemi added.
Lafarge Africa Plc, one if the most valuable stock on the NGX Exchange, has a market capitalization of N1.87 trillion, about 2.24% of the Nigerian equity market.
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