By Sofiyyah Layole
Lafarge Africa Plc has recorded a strong financial performance for the nine-month period ended September 30, 2025, with profit after tax (PAT) for the Group hitting N207.78 billion, a remarkable surge from N60.08 billion recorded in the same period last year.
The Company’s profit also rose significantly to N197.57 billion, up from N58.32 billion in 2024.
This growth reflected in basic earnings per share (EPS), which climbed to N1.91 for the Group and N1.82 for the Company, highlighting improved operational efficiency and profitability.
Total assets for the Group increased to N1.03 trillion, while shareholders’ equity rose to N629.29 billion, driven by retained earnings and a stable capital structure.
The company declared dividends amounting to N83.13 billion during the period, reinforcing its commitment to shareholders’ value.
The quarter also saw notable changes in board composition, with five new non-executive directors appointed effective August 30, 2025: Mr. Gang Xu, Mr. Jiajun Wang, Mr. Qian Chen, Mr. Xuanqian Wang, and Mr. Lin Zhang.
At the same time, several directors stepped down, including Mr. Khaled Abdel Aziz El Dokani, Mr. Kaspar Theiler, Mr. Grant Earnshaw, Mrs. Claudia Albertini, Mr. Taner Demir, and Mr. Rajesh Surana.
Caricement BV maintained its position as the largest shareholder with a 56.04% stake, while Davis Peak Holdings Limited (DPHL) emerged as a new major shareholder with 27.77%, replacing Associated International Cement Ltd U.K. The company’s free float stood at 16.16%, thereby meeting the Nigerian Exchange Group’s Main Board requirements.
Operationally, Lafarge Africa reported higher production costs in line with increased output, with Group production variable costs totalling N217.1 billion and fixed costs at N48.38 billion.
Administrative expenses also rose, driven by technical service fees and staff-related costs. Net cash generated from operating activities amounted to N91.48 billion, while cash and cash equivalents closed at N204.88 billion, despite significant outflows from investing and financing activities.
The company reaffirmed its compliance with IFRS standards and its Securities Trading Policy, with no reported breaches among directors or insiders during the review period.