Dangote Cement performed strongly in the first three quarters of 2025, with revenue reaching 3.155 trillion naira, up 23.2% from 2.561 trillion naira in the same period in 2024. This excellent financial data has been submitted to the Nigerian Exchange.
The company's performance growth is mainly attributed to forward-looking management strategies and resilient market demand. Among them, Nigeria's export business is outstanding, thanks to clinker orders from Ghana and Cameroon, the export volume increased by 23%. Corporate earnings before interest, tax, depreciation and amortisation jumped 57.7% to N1.428 trillion from N90.87 billion
in the period. Net profit soared 166.3% from N27.91 billion to N74.33 billion. Earnings per share expanded from N16.55 to N43.80, an increase of 164.8%, reflecting the company's strong operational performance and strategic expansion results. As a key indicator of profitability and shareholder value, EPS has always been the core of Dangote Cement's financial report, reflecting the company's commitment to creating returns for investors. A major contributor to the
performance was the commissioning of a new cement grinding station with an annual output of 3 million tons in Cote d'Ivoire. This brings the total installed capacity of Dangote Cement in Africa to 55 million tons. This strategic move consolidates the company's leadership position in the African cement industry and supports regional self-sufficiency. Arvind Patak, CEO of the company, commented that the commissioning of the grinding station in Cote d'Ivoire is an important milestone in the company's growth, strengthening its position as a leading cement producer in Africa and demonstrating its commitment to regional self-sufficiency. He added that the company's focus will continue to be on maintaining profitability momentum, improving operational efficiency and executing long-term growth strategies. With clear strategic direction and a strong balance sheet, Dangote Cement has the ability to continue to create outstanding value for stakeholders.
Looking back on the first half of 2025, the company's revenue has reached a record high of 2.072 trillion naira, up 17.7% year-on-year. Group earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 41.8% to N944.9 billion, of which the EBITDA of Nigeria business increased by 82.4% to N845.4 billion. Pre-tax profit jumped 149% to N730 billion, while net profit soared 174.1% to N520.5 billion.
Dangote Cement is still the largest cement producer in Africa, with a fully integrated model from quarrying to customers, with an annual capacity of 35.25 million tons in Nigeria alone. Its production facilities in Nigeria include the Obajana plant, the IBES plant, the Gboko plant and the Okpera plant. Through strategic investments, the company has eliminated Nigeria's dependence on cement imports and transformed the country into a net exporter of cement and clinker. In addition, the company also operates in Cameroon, Congo, Ghana, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania, Zambia and Ivory Coast and other African countries. The
company's market performance has also been recognized by the capital market, and its market value once exceeded the 11 trillion naira mark in October 2025, consolidating its position as the second largest company in the Nigerian Stock Exchange. The rise in the stock price occurred three days before the company released its third-quarter earnings report, showing the market's confidence in it.
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