Dangote Cement posts 164.8% earnings increase

Dangote Cement records N743bn profit,  reinforces market dominance cross Africa — Daily Nigerian

Dangote Cement Plc has released its unaudited financial results for the nine months ended September 30, 2025, showcasing a significant 164.8% increase in earnings per share, from 16.55 to 43.80. The company’s financial performance underscores its sustained operational strength, expansion drive, and commitment to shareholder value.

The results indicate a 23.2% growth in group revenue, reaching 3.15 trillion, compared to 2.56 trillion in the same period of 2024. Group EBITDA rose by 57.7%, climbing from 908.7 billion to 1.43 trillion. Profit after tax (PAT) also witnessed a substantial rise of 166.3%, from 279.1 billion in 2024 to 743.3 billion in the review period.

A key contributor to this impressive performance was the commissioning of a new 3 million tonnes per annum (Mta) grinding plant in Côte d’Ivoire, which increased Dangote Cement’s total installed capacity to 55Mta across the continent. This strategic expansion consolidates the company’s dominance in Africa’s cement industry and strengthens its commitment to regional industrialization and self-sufficiency.

According to Arvind Pathak, Chief Executive Officer of Dangote Cement Plc, the company’s strong financial performance can be attributed to proactive management strategies, resilient market demand, and improved operational efficiencies. The company’s energy mix optimization in Nigeria played a crucial role in reducing cash costs and enhancing profitability.

Exports from Nigeria surged by 23%, driven by 27 clinker shipments to Ghana and Cameroon during the period, reinforcing Dangote Cement’s position as a key player in intra-African trade. The company is also implementing sustainability initiatives, including the deployment of 1,600 compressed natural gas (CNG)-powered trucks, aimed at lowering logistics costs and cutting carbon emissions.

Construction work on the Itori Integrated Plant in Ogun State is progressing steadily and is expected to further strengthen domestic production capacity and export potential. Looking ahead, Pathak reaffirmed the company’s focus on sustaining earnings growth, improving cost efficiency, and executing long-term strategic priorities.

Dangote Cement remains Africa’s largest cement producer, with a fully integrated quarry-to-customer model and an installed capacity of 35.25Mta in Nigeria alone. The company operates in several African countries, including Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia, and Côte d’Ivoire, reaffirming its status as a truly pan-African industrial giant. With a clear strategic direction and a strong balance sheet, Dangote Cement is well-positioned to continue delivering superior value to stakeholders.

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