Lafarge Africa Plc has kicked off the 2025 financial year with an explosive first quarter, reporting an 80% jump in sales revenue to ₦248.35 billion, up from ₦137.77 billion in the same period last year.

The cement manufacturing giant also recorded a 137% leap in operating profit, rising from ₦30.24 billion to ₦71.66 billion.

Profit After Tax saw an even more dramatic spike, soaring 837% from ₦5.19 billion to ₦48.64 billion.

Commenting on the strong performance, Chief Executive Officer Lolu Alade-Akinyemi credited the company’s momentum to product innovation and operational discipline.

“We achieved solid financial results in Q1, a strong performance driven by our innovative product offerings and strategic operational initiatives. This is further evidence of our strong market positioning, operational efficiency, cost management, and dedication to value creation,” Alade-Akinyemi said.

He noted that the launch of Ground Calcium Carbonate (GCC) highlights Lafarge Africa’s push for innovation and sustainability.

He also announced the upcoming introduction of the Elephant ECOPlanet product, which is designed to significantly lower the company’s carbon footprint.

“Lafarge Africa continues to drive the usage of Calcined Clay, a low carbon raw material, in its cement manufacturing process, to further drive reduction of our CO2 emission and carbon footprint,” he added.

Despite ongoing macroeconomic challenges, Alade-Akinyemi reaffirmed the company’s resilience and commitment to delivering long-term value.

“We remain committed to strengthening our leadership position by offering environmentally friendly building solutions while driving long-term profitability. We’ll continue to maximize volume opportunities across our markets and actively manage our costs while remaining focused on our sustainability ambitions and strategy of ‘Accelerating Green Growth.'”

He also expressed gratitude to customers and stakeholders for their continued support.