Highlights
- Revenue increased by 28% YoY from ₦268.63 billion in Q2 2025 to ₦343.53 billion in Q2 2026.
- Gross profit increased by 25% YoY to ₦216.33 billion from ₦172.79 billion.
- Operating profit rose by 24% YoY to ₦149.68 billion from ₦120.61 billion.
- Profit after tax grew by 31% YoY to ₦110.39 billion, while net margin remained strong at approximately 32%.
Outlook
We expect HBM Nigeria’s earnings momentum to remain positive, supported by sustained cement demand, improved plant reliability and continued gains in distribution efficiency. The Group’s ability to maintain high plant utilization and reliable product availability should remain important to growth in volume, particularly as infrastructure and construction activity continue to support underlying demand for cement.
Please follow the link “HBM Nigeria Plc Q2 2026 – Strong Cement Demand Sustain Earnings Momentum” to view the whole report.
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