LafargeHolcim Bangladesh PLC reports profit of mBDT 1,391 in Q1, 2025
• LHB achieved a 3% increase in revenue compared to Q1 2024, driven by solid market performance and reinforced by continued customer confidence in our brands.
• ~20% growth achieved in operating profit from Aggregates business, although consolidated Operating EBIT stood at mBDT 1,777, marking a 16% decline, primarily attributable to elevated energy cost and softening in cement prices.
Mr. Iqbal Chowdhury, CEO of the Company said:
“In the first quarter of 2025, we achieved higher volume growth in two of key business segment- Cement and Aggregates, reflecting our strong market performance and customer trust. The “Water Protect” and “Fair Face”, two of the special cement products achieved an impressive growth of 27% which is a testament of consumer recognition of their unique strengths. However, our profitability was impacted by significantly higher energy costs and a softening in cement prices, both of which weighed on our margins. We are actively pursuing cost optimization measures and exploring strategic pricing initiatives to address these challenges. Our focus on innovation and portfolio diversification continued to yield results. Leveraging our global platform, Geocycle, the Company co-processed over 10,000 tons of diverse waste streams in Q1, substituting almost 10% of fossil fuels and advancing our green growth agenda. The Company remains dedicated to navigating current challenges with resilience and is optimistic that the strategic measures underway will drive improved performance in the periods ahead.”
Financial Performance:
Particulars | Q1 2025 | Q1 2024 | Change (%) | |
Net Sales | mBDT | 8,515 | 8,257 | 3% |
Operating EBIT | mBDT | 1,777 | 2,116 | -16% |
Operating EBIT Margin | % | 21% | 26% | |
Profit After tax | mBDT | 1,391 | 1,627 | -14% |
Profit After tax margin | % | 16% | 20% | |
Earnings per Share (EPS) | BDT | 1.20 | 1.40 | -14% |
In Q1 2025, net sales reached to BDT 8,515 million, a 3% increase compared to the same quarter last year. Operating profit amounted to BDT 1,777 million, down by 16% quarter-on-quarter. Earnings per share (EPS) stood at BDT 1.20, marking a 14% decline from BDT 1.40 in Q1 2024.
Outlook:
The company remains focused on improving operational efficiency, diversifying its product portfolio, and enhancing its pricing strategy to support profitability in the coming quarters. Investments in sustainability and digital transformation are also underway to further strengthen long-term competitiveness.
