Lafarge Africa Plc has reported a sales revenue of N268.63 billion for the second quarter of 2025. This is a 70% increase from N157.80 billion recorded in Q2 2024.
This is according to the company’s unaudited results disclosed on the Nigerian Exchange (NGX).
This growth reflects rising demand for its cement products and the company’s ongoing focus on sustainable building solutions across Nigeria.
The company’s Operating profit rose significantly by 153% to N120.61 billion in Q2 from N47.70 billion in the same period last year.
The rise in operating profit was largely due to the growth of the company’s revenue, as there were notable increases in all general expenses for Q2 2025 compared to what was recorded in the corresponding period in 2024, underscoring Lafarge’s improved operational efficiency.
Profit After Tax rose 248% rising from N24.16 billion in Q2 2024 to N84.03 billion in Q2 2025.
This surge came even as income tax expenses rose 204% to N42.59 billion, further highlighting the strength of the company’s core business performance.
Lafarge attributes the strong earnings to its operational excellence and the relative stability of the naira, which helped mitigate foreign exchange losses.
The company’s ability to manage FX exposure effectively has positioned it well amid Nigeria’s evolving macroeconomic environment.
Net cashflow saw a staggering 340.02% increase in Q1 2025 compared to N18.77 billion that was recorded in the corresponding period in 2024.
Additionally, cash and cash equivalents rose 128.36% to N205.44 billion, compared to the corresponding quarter in 2024, reinforcing the company’s liquidity position and financial resilience.
Total assets expanded to N1.026 trillion, marking a 3.68% increase, while total liabilities dropped by N11.5 billion from Q2 2024’s figure of N485.86 billion.
Its performance places it among top-performing industrial stocks on the NGX, attracting investor attention amid broader market movements.
