HBM Nigeria PLC
NNSENG:HBMNG379.00
NGN
0.00
(0.00%)
ISIN
NGWAPCO00002
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Lolu Alade-Akinyemi
- Full Time Employees
- 1,478
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Lagos Nigeria
- IPO Date
- Aug 11, 1995
- Website
- hbmngplc.com
- Similar Companies
- Business
- HBM Nigeria PLC is a Nigeria-based building materials manufacturer and distributor specializing in the production of cement, aggregates, ready-mix concrete, and advanced construction solutions. The company operates through two primary business segments: Cement and Ready-Mix & Aggregates. Its comprehensive product portfolio includes standard and specialized cement brands such as Elephant Cement for general construction, Elephant Supaset for block making and precast applications, AshakaCem for general-purpose applications across northern Nigeria, Unicem for heavy civil works, PowerMax for high-performance structural engineering, Watershield Cement for water-resistant construction, and RoadCem for soil stabilization and road pavement; mortar and dry-mix finishing solutions including Supafix tile adhesives and TectorPlast plastering mortars; specialized building materials such as Supa Whyte Plaster of Paris and Ground Calcium Carbonate; high-grade crushed aggregates; and customized ready-mix concrete formulations for industrial, commercial, and residential infrastructure projects. In addition to material manufacturing, the company provides industrial waste management and co-processing services through its Geocycle business unit. Founded in 1959 and headquartered in Lagos, Nigeria, the company serves individual homebuilders, commercial contractors, and large-scale infrastructure developers across Nigeria, operating integrated cement plants in Ewekoro and Sagamu (Ogun State), Mfamosing (Cross River State), and Ashaka (Gombe State) with a combined installed capacity of approximately 10.5 million metric tonnes per annum, supported by ready-mix operations in Lagos, Abuja, and Port Harcourt. Formerly known as Lafarge Africa PLC, the company underwent a major corporate reorganization and rebranding to HBM Nigeria PLC following the acquisition of an 83.81% controlling interest by China-based Huaxin Building Materials Group from Holcim in 2025. Recent operational and strategic initiatives include the implementation of compressed natural gas infrastructure across its logistics and transport fleet to optimize distribution efficiency and lower carbon emissions, as well as production capacity expansion programs including a planned third production line at the Mfamosing manufacturing facility.